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Compare the cost of basic coverage — liability, collision and comprehensive — and additional coverage that you might need to stay safe, like rental car reimbursement, roadside assistance and ...
Rental car coverage: If you have comprehensive and collision coverage, you may also have the option to add rental car coverage. Rental reimbursement pays up to a certain dollar amount or ...
Liability limits: Ensure your liability coverage limits align with your risk tolerance. While your policy might cover basic liability for the rental, you might be on the hook for significant costs ...
Liability coverage, sometimes known as Casualty insurance, is offered for bodily injury (BI) or property damage (PD) for which the insured driver is deemed responsible. The amount of coverage provided (a fixed dollar amount) will vary from jurisdiction to jurisdiction.
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
The minimum liability cover is RMB180,000 (US$27,907) for death and injury/per crash, RMB18,000 (US$2,791) for medical expense, and RMB2,000 (US$310) for physical loss. [16] Additional 3rd Party Liability Insurance also known as Commercial Motor Insurance provides extra cover up to RMB10,000,000 (US$1,550,388) excluding the driver and passengers.
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