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Loophole in Car Rental Insurance Empties Pockets of Vacation Drivers
Posted on May 2nd, 2010 No commentsCar rentals might leave drivers on holiday with no money if an accident of any kind occurs.
If you are travelling with a rental car in Europe, you usually get some kind of insurance. However, this insurance is far from covering many types of road accidents. In reality, the car insurance tends not to cover the initial 1000 pounds of a damage or a stolen car claim.
One hardly ever gets insured for tyres, car underside or the windows via the rental insurance. This means that purchasing the basic or extended package of cover insurance is of no use. The reason is that there is no cover when it comes to paying for typical road accidents. It is also a high risk for drivers on holiday, since it can leave them out of money fast.
When my sister went on holiday to Greece last week, you would not believe what cost her 325 pounds. Ann Bray from London, discovered her wing mirror was out of place by a local Greek driver. Ann has just parked her Peugeot car rental not far from the local market in Athens. As the driver went by quickly, he clipped the wing mirror and kept on driving . My sister Ann naively assumed the car insurance would cover this damage repair cost. She phoned them from Greece to make sure that they will cover the bill. The insurance company assured Ann they would.The sad reality was that Ann got an invoice
stating that 325 pounds were taken off her credit card. It was for the mirror repair by the car rental company.To help out in such situations, there is a new website offering car rental comparisons upon travelling abroad. Money-maxim is the web-site’s name to do some homework before paying for a car hire insurance. It can help cut prices on car accidents overseas.
For those who need to pay in the near future there is a reliable online financial short term solution.
Same day loans can get you up to 750 pounds in a single loan. All you need to do is apply online and get the money to your account within a matter of 1-2 working days. The same day loan is convenient and accessible. No credit check either. All you need is an active bank account, access to the Internet and be over 18 years old. Please keep in mind that the loan is designed to be repaid by your next payday. If you need money fast it is truly a beneficial financial solution to unexpected bills.Leave a Reply

