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Car Rental Insurance USA: Guide to CDW & SLI

UPDATE (December 2011): Great news! The much cheaper CDW/SLI insurance policies through iCarHireInsurance have become available again to residents of Australia and NZ, in addition to UK/EU residents.

UPDATE (November 2011): Please note that it has been brought to our attention (cheers Gary M.) that both our previously recommended CDW/SLI insurance cheaper alternatives – iCarHireInsurance and Insurance4CarHire

Car Hire Insurance: Smarter Alternatives

UPDATE (November 2011): Please note that it has been brought to our attention one of our previously recommended providers Insurance4CarHire has stopped offering their policies to non-EEA (European Economic Area) residents. Thankfully, Worldwide Insure policies are still available.

Car Hire Insurance On Your Credit Card

Many of us don’t realize our existing credit cards may already provide us with all the cover we need without having to take out extra excess insurance cover from the car hire companies. You can save precious dollars by checking if this is true for you.

Understanding Car Hire Insurance

Many unhappy car rental stories stem from customers not realizing what they were protected for (the car rental companies don’t exactly make it easy), and end up having to pay for damages they didn’t think they had to.

So first things first – what do all those car hire insurance acronyms and confusing lingo mean? Understanding what you are…

How Car Hire Insurance Claims Work

Here’s a few more car hire insurance related points to note.

Money Business

If you damage your rental car, you can expect the car rental company to automatically deduct the MAXIMUM amount you are liable for (e.g. something like $2,750 if you haven’t taken out excess reduction) from the credit card you’ve registered with them.

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