Car insurance is probably the last thing on your mind before you plug that key into your rental car. It is a good idea to research beforehand so that you won’t get confused when you fill up and sign up those forms. By doing this, you can prevent yourself from overpaying for a leased car. Car insurance prevents or minimizes financial risks in case if an unfortunate event occurs.
Not sure whether to tick several boxes or all of them? Get the most by reading a few things to keep in mind when getting car insurance in Tel Aviv. First, read and check the policy of your own auto insurance no matter how long it is. A little bit of reading can go a long way. Here you will find out what the extent of the coverage is. Most car insurances will extend even over a rental as long as it’s within the same retail value with the one that you use on a regularly basis. Second, car insurance in Tel Aviv may offer terms such as collision damage waiver (CDW) or loss damage waiver, liability insurance, personal effects coverage and personal accident insurance. Make sure that CDW is not actually an insurance but actually a waiver that states that once signed, it collects a high deductible from the renter at the time of an accident. Liability insurance provides protection to the individual who is renting from risks of liabilities such as bodily injury to others and/or property damage if the event takes place. It prevents the insured person against lawsuits and other legal matters. Personal effects coverage can be defined as protection against loss or theft of the person’s belongings. Third, it cannot be stressed enough that you should read papers before you sign them. After all, it is you and your wallet that is at stake.
Before you go and get that rental car for that long trip, make sure that you are protected first. If you want to get more information, kindly refer to our website or send your inquiries and we’ll answer all your needs.