Travel Insurance that covers a convertible rental car in the US

Discussion in 'Travel Insurance' started by LenLen, Apr 30, 2007.

Thread Status:
Not open for further replies.
Welcome to Australia's leading independent Frequent Flyer and Travel Resource!
Our site contains tons of information that will improve your travel experience.
Joining AFF is fast, simple & ABSOLUTELY FREE -  join now by clicking on the JOIN NOW button, and take immediate advantage of these great BENEFITS.
Once registered, this box will disappear. And you will see fewer advertisements :)
  1. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Hi All,

    I was about to apply for my travel insurance with Travel Insurance Direct - low cost travel insurance for Australians and noticed that for their rental car vehicle excess cover that they only allow certain types of vehicles and it does not cover convertibles. I'm planning on going on a road trip with friends in the US and we're set on getting a convertible. Unfortunately I'm in a rush to pay my airfare today because the TA has told me that the RTW fares will increase tomorrow and I would like to buy my travel insurance before I pay my full amount.

    1. Does anyone know off the top of their head of any insurance companies that cover convertibles?
    2. If not, how do people get insured? via the rental agency? Will that cost more?
    3. Could I still pay my airfare today and then buy my travel insurance at a later date? Or is it preferable to buy before hand?

    Any help will be appreciated.
    Thanks
    Len
     

  2. Kiwi Flyer

    Kiwi Flyer Senior Member

    Sep 24, 2004
    5,453
    4
    Hi LenLen

    I assume your RTW is a standard *A one? If so then my understanding is if already booked but not ticketed you have a couple of weeks to ticket at the current price.

    You can buy travel insurance at any time prior to your trip. Obviously better to buy sooner than later as you won't be covered for anything that develops/occurs before the insurance purchase, or reasonably expected. Eg some years ago I had land travel at risk due to bushfires - since I didn't purchase travel insurance early enough I wasn't covered for cancellation due to bushfires that started in between booking the trip and date the insurance was purchased. There are plenty of other situations you can think of that may be declined cover for if don't purchase the insurance soon enough.
     
  3. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Hi KiwiFlyer,

    Not sure what type of RTW ticket I've got, but I was told that the oneworld RTW fares are being standardised (no peak or off-peak) and that I have until April 30th to pay my full fare or else I have to pay an extra $150, which I'd rather keep for myself. I've got the money already, and I know I'm definitely going, so I don't mind paying today. But, if I don't get travel insurance today, I don't think I'll pay the fare.

    Thanks
    Len
     
  4. Kiwi Flyer

    Kiwi Flyer Senior Member

    Sep 24, 2004
    5,453
    4
    Are you sure that you are flying one world? AFAIK no increase on one world RTW fares at the moment.

    Whereas, Star alliance RTWs have a fare increase from tomorrow (but with some extra time to ticket if already booked) and are removing seasonal pricing on the economy special (up to 26k flown miles). This removal is a saving in high season and an increase in low season. When is your first flight (this determines season)?

    If you take a short time to get travel insurance arranged, in most cases this is extremely low risk and I have no problem doing this. Exceptions would be visiting some dodgy places (where there is a small risk of war/coup) or if some special need for absolute protection.
     
  5. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Oops, yes sorry, I got mixed up. Star Alliance. Just called up my TA and they definitely said I had to pay today. I will do some research on travel insurance today in regards to rental vehicle insurance with convertibles.
     
  6. Mwenenzi

    Mwenenzi Established Member

    May 17, 2006
    1,801
    254
    MEL
    #6 Mwenenzi, Apr 30, 2007
    Last edited: Apr 30, 2007
    Cdw ???

    "rental car vehicle excess cover" is a insurance term not used in the USA.
    Are you sure CDW / LDW (collision or loss damage wavier ) is covered anyway?
    There are several threads here & on FlyerTalk - The world's most popular frequent flyer community about this.
    Most American's get CDW/LDW a part of there normal car insurance. We have to pay UDS$25 to US$50 or more per day for CDW
     
  7. Kiwi Flyer

    Kiwi Flyer Senior Member

    Sep 24, 2004
    5,453
    4
    Must be one of the airlines requiring ticketing, as only the 21 May deadline according to the rules.

    If your departure date for the first international flight is between 1 June and 19 August or 7 December and 24 December, then the price change is a decrease (assuming you are using the special economy fare). If using regular economy fare (more than 26k miles) then no price change and if business or first then the price increases tomorrow.
     
  8. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Here is a explanation:

    Rental Vehicle Excess: If you Rent a Car from a rental company and it is involved in an accident damaged or stolen, we will pay up to the amount shown towards the cost of the insurance excess on the vehicle – additionally if you are certified by a treating medical practitioner or dentist as being unable to drive we will pay $250 towards the cost of return of the vehicle to the owner’s nearest depot. You have the option to increase the amount of cover by payment of an extra premium of $15 for each additional $500 of excess cover required maximum $5,000.

    I always assumed that when you get travel insurance that you would not need to purchase the extra insurances offered when renting a car because you were covered by your travel insurance policy, is that correct? This is all so confusing.
     
  9. Mwenenzi

    Mwenenzi Established Member

    May 17, 2006
    1,801
    254
    MEL
    #9 Mwenenzi, Apr 30, 2007
    Last edited: Apr 30, 2007
    CDW / LDW in NOT insurance.

    CDW / LDW in NOT insurance.
    Have a read on hertz.com or avis.com or the rental car company you will use.
    Search for insurance or CDW/LDW on the sites

    Hertz.com (for LAX)
    https://www.hertz.com/rentacar/byr/index.jsp?targetPage=HowProtectedAreYou.jsp&EXTRAS_KEY=YYZ&leftNavUserSelection=globNav_3_3_4

     
  10. Mwenenzi

    Mwenenzi Established Member

    May 17, 2006
    1,801
    254
    MEL
    more from Hertz. LDW & insurance Can vary from state to state

     
  11. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Hi Mwenenzi,

    Thanks for your reply... AH ok, I haven't yet looked into booking the car yet as the trip is in Sept. What I might do is pay for my airfare, and then buy my travel insurance in the next couple of days once I do more research. Looks like most insurance companies don't cover convertibles and i will read over the links you sent me.

    Thanks so much for your help
    Len
     
  12. trooper

    trooper Established Member

    Apr 16, 2007
    1,460
    285
    Canberra
    To the best of my knowledge (and I would love to be proved wrong!!!!) the "rental car excess" cover you get with travel Insurance policies (any I've seen anyway) is ONLY that.... coverage for the EXCESS... I have looked VERY hard for a policy that provides car rental INSURANCE... and not succeeded.

    As pointed out in another post, you can be held liable for everything up to and including the rental car companies "loss of use" of the vehicle IF you are not covered "comprehensively"...

    My understanding (and again I'd dearly love to be proved wrong!) is that "we" (Aussies etc withOUT US based credit cards) really do need LDW/CDW with ANY US rental..... No, it's not insurance.. it is a WAIVER of the rental companies entitlement to hold you responsible for all costs....

    For the last few years we have been renting through a mob called cheapercarrental.com who offer rates for non-US residents with CDW built in.. and at competitive rates.... I suppose they are sort of a consolidator... as it is possible to end up with vehicles from various companies (although mainly "Dollar" in our experience)... It is all pre paid.. you just print out the "voucher" they e-mail to you and present that... which BTW short circuits the usual "hard sell" of "supplemental this" and "extra that" that many rental counter staff launch into... With these vouchers they just tell you where the car is....:D

    They also offer free one way rentals within and between CA/AZ/NV.. which happens to suit much of our travel...

    Sorry to be long winded.. but this has been a sore topic for me!!!! ;)
     
  13. serfty

    Moderator

    Nov 16, 2004
    39,242
    7,765
    MEL
    Flight Map:
    View my flight map
    #13 serfty, Apr 30, 2007
    Last edited: May 1, 2007
    Too weary to search for it, but there is a good thread on this in AFF.

    Basically most ex oz Travel insurance policies do not generally provide any real cover for car rental issues; although covering a limited amount of excess if you have other policies.

    If you do not wish to 'underwrite' yourself, you need to take out specific policies for hiring a car.

    There are two general types:
    • Rental agreement cover where you pay additional per day premiums to the Hire car company when you rent the vehicle.
    • Special policies designed to cover that which the #1 would have covered. Dave Noble has posted information on an annual policy he uses.
     
  14. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Hi All,

    I think I finally had the light bulb moment last night where it all clicked into place. I mean, it's what it exactly describes rental vehicle excess cover, I was still thinking in terms of car insurance. So I still need to take those waivers (LDW/CDW) described by Mwenenzi when hiring the the car, and god forbid an accident happens, then the travel insurance will cover the excess.

    Stress can make you really dumb sometimes, thanks everyone for all the clarification. I think I have found a company that provides cover that does limit the type of car.

    Travel Insurance Australia - Travel Insurance Quote

    I'll be reading the policy today.

    Trooper - thanks for the link to cheapercarrental.com, I'll have a peruse as well.

    Thanks
    Len
     
  15. Shano

    Shano Established Member

    Aug 17, 2006
    1,229
    23
    Melbourne
    Flight Map:
    View my flight map
    Have a read through this thread.

    Dave Noble give a link to an insurance company that will cover the excess on rentals that are more than 150 km from your home address. This would be in addition to your other travel insurance, but is valid for 12 months. Depends on how often you will be renting in that 12 month period.

    Our corporate travel insurance is through QBE, who will also cover the rental car excess in the case of an accident. I do not know if tihs type of cover is available for personal travel.
     
  16. LenLen

    LenLen Junior Member

    Jul 20, 2006
    22
    0
    Hi Shano,

    I only travel once a year (if that) so I don't think having an annual policy would suit me. This is the first time I'm actually hiring a car overseas so it's all a bit daunting. Knock on wood that I never need to claim.

    Thanks
    Len
     
  17. Shano

    Shano Established Member

    Aug 17, 2006
    1,229
    23
    Melbourne
    Flight Map:
    View my flight map
    If only renting for about a week, then paying tha daily CDW/LDW probably makes sense. If renting for 2 weeks plus, then at ~ $25 per day for CDW/LDW, this quickly passes the ~$300 annual premium for the cover mentioned by Dave.
     
  18. stryker

    stryker Member

    Sep 28, 2006
    449
    0
    Hi Guys,

    Interesting thread, but I seem to be having difficulty with a few issues.

    Firstly, cheapercarrental.com doesn't seem to exist on my version of the Internet... have they gone awol?

    Secondly, if you're an Aussie, pretty much the only way you're going to get CDW and LIS (THE most important insurance, particularly if you're going to run into a gold plated Rolls full of Saudi oil sheikhs), is to get it from the car rental company (very expensive, eg USD 35 per day).

    Personally, when travelling in the US, I rent from Car Hire - excellent rates, with all insurances included, and a tankful of petrol at a very good price.

    If I were you, I would be VERY careful about renting a car in the USA, or you might find the need to get a bail bond at short notice ...

    Good luck on your travels anyway.
     
  19. trooper

    trooper Established Member

    Apr 16, 2007
    1,460
    285
    Canberra
Loading...

Share This Page