The Truth of Rental Car Insurance Explained. Why & What?

Rental Car Insurance is a better backup you create for worse situations. This insurance will pay for your medical bills in case of an accident. You will also be covered if you end up damaging another person's property.

But, do you need it?

When you go to rent a car, rental companies would ask you whether you want to buy insurance from them. As you don't know that you are already covered by some basic insurance, your instinct will tell you to go ahead. But wait. Know that fools rush in. Your basic Rental Insurance already includes:

##Why rental car insurance?

1. L.D.W. (Loss Damage Waiver).
   If your rental car is deliberately damaged (vandalized), Stolen or you have had an accident. In these cases, your basic car rental insurance will be having your back.
2. Liability Insurance: This simply means that you have acted as a liability on your rental company. If you have caused damage to someone else while driving, the rental car company will cover the damaged party's insurance and it even includes their medical costs as well.
3. Supplemental/ Personal Accident insurance: If you and your group (passengers in the rental car) are involved in a car crash, then all of you will be covered by the rental company. This cover involves medical bills.
4. Personal Effects: If your personal items are stolen from the rental car, then you will be provided with compensation by the rental company.

##Rental Car without Insurance:

In Dubai, it is illegal to do so. You must be covered fully before you start driving in the city. So beware of this issue as U.A.E. takes laws very seriously.

##What Rental Car Insurance Do I need?
There are 4 types
rental car insurance. Calculate the type of risks you have and then go to choose your insurance policy. If you think that you are at risk of theft based on the area you are in, then you will be needing personal effects. Similarly, take a look at your needs and analyze which one suits you the best. Also, be sure to check out The Truth About Rental Insurance.

##Conclusion:

Rental Car Insurance is a must, especially in the UAE. It is illegal for you to get on the road and drive without getting proper Rental Car Insurance. However, before deciding to spend your money ruthlessly and unnecessarily, what you need to know is “Do you need Insurance?”

Decide it by figuring out your needs and the requirements of the environment you operate in. Once you finally filter out your needs, search for their satisfaction in the given 4 types of insurances to make sure which one suits you the best.