Car hire insurance in Spain
In Spain, Third-Party Liability insurance is required by law and covers your liability for damage to other vehicles and persons. The basic insurance required for cover on your rental vehicle is Collision Damage Waiver (CDW) and will cover you for the full cost of your hire car.
Do I need to buy additional insurance when renting a car in Europe?
When you rent a car in Europe, the company will usually require you to purchase a collision damage waiver (CDW). This isn’t technically insurance, but an agreement that if the car’s damaged, you won’t be financially responsible. CDWs sold by European rental car agencies have a few issues, however: They’re expensive.
Do I have to pay excess on car rental?
What happens if I damage my hire/rental car? If you have an accident or damage the roof, tyres or windscreen of your hire car, the rental company should organise any repairs. This is covered under your ‘damage waiver’. You will however be asked to pay towards the cost of these repairs – this is your ‘excess’.
Is CDW the same as excess insurance?
Collision Damage Waiver (CDW) – is not insurance, but an agreement to waive the costs of damage to your rental vehicle if it is involved in a collision. Frequently CDW has an ‘excess’ which is the first part of any claim which the renter will remain liable for.
Should I get insurance on a rental car in Spain? – Related Questions
Whats the difference between CDW and LDW?
Collision Damage Waiver (CDW) provides cover if there is damage to a rental car through an accident. LDW on the other hand, is a combination of CDW and Theft Protection, which means that you will be covered for car replacement if your rental car is stolen during the period of your rental.
Does car hire excess insurance cover CDW?
What is Collision Damage Waiver? Collision Damage Waiver (CDW) is included as standard in the Worldwide Car Hire Excess Insurance policy, whether it’s an Annual or Daily policy.
What is Collision Damage Waiver without excess?
29 Jan 2020. A Collision Damage Waiver (CDW) is additional protection that reduces your liability for damage if your hire car is stolen or damaged. You usually agree to an excess fee, meaning you’ll cover the cost of any repairs up to this amount.
What does CDW mean in insurance?
Collision Damage Waiver (CDW) — an agreement with an auto rental company in which the renter is released from liability for collision damage to the vehicle in exchange for a fee, subject to the terms of the rental agreement or a state statute if one exists.
What is rental car insurance excess?
Excess Insurance Explained
The excess is the amount you are liable to pay the rental company should your hire car become damaged or stolen. The maximum excess amount you are liable for should be communicated to you when booking your vehicle and/or upon collection.
What does rental vehicle excess insurance mean?
Cover towards the excess you are liable for if your hire car is damaged or stolen. An alternative to excess reduction products sold by car rental companies.
How can I reduce the excess on my rental car?
This is a daily amount specified at the counter by the car rental company to reduce the excess amount. Car rental companies offer excess reduction products, which customers can purchase directly at the counter. These products can reduce the amount of money a customer will be liable to pay in the event of any damage.
Does my car insurance cover rental cars international?
Make sure you’re covered
Most U.S. auto insurers won’t cover you while you’re driving abroad, with the possible exceptions of Canada and Mexico. So unless you have a credit card that offers rental car insurance, you’ll probably need to purchase your insurance from the rental company itself.
Does car rental insurance cover scratches?
Minor damage to a rental car, such as scratches, dents, or a chipped windshield are covered by the Damage Waiver. The Damage Waiver is an optional protection product you can purchase with your car rental.
What happens if I damage a hire car?
If the rental company finds new damage to their car after your rental, they will charge you for repairs. They’ll take the money from the credit card you used to leave the security deposit. You’ll probably be charged immediately after you return the car.
What happens when you damage a rental car?
The car rental company has their own insurance for the car. If you damage the rental car during the hire period, you will be financially liable to pay for the assessed damage cost — up to the excess value specified in your rental agreement — with the car rental company only.
Do rental car companies charge for small scratches?
How Much Do Rental Car Companies Charge for Dents and Scratches? The payment for such damages ranges anywhere from $25 to over $80, depending on the severity of the scratch. If it affects the paint on the car badly, you’ll likely pay higher costs.
What happens if I return a rental car with a dent?
Car rental companies can charge between $500 and $3000 for dents caused by the renter if there is sufficient evidence. Minor damages to rental cars, such as dents in the bodywork, and scratches chips, may be covered by the Damage Waiver if the renter has purchased it beforehand.