Peace of mind and assurance that you are protected
In Summary: This optional insurance plan protects you against any damage or theft to your rental vehicle, and is available for an additional daily charge.
Overview
Select the coverage available during your online reservation process. You’ll always have the opportunity to change your coverage selections at the counter when you pick up your car.
Other rental companies may offer similar coverage under different names and at varying limits and costs.
If you have questions about a specific coverage, please check with our renting location or contact us at +1 787 412 8540.
Loss Damage Waiver (LDW)
Loss Damage Waiver (LDW) at a daily rate of $15 per day relieves renters of financial responsibility after a deductible of $1000 if the car is damaged or stolen while under rental contract.
Alleviates your responsibility for up to the full fair market value of the car if it is damaged, vandalized or stolen during the rental.
Alleviates your responsibility for reimbursing the car rental company for any revenue lost during the period that the company is unable to use the car while it is being repaired, or in the event that the car is not recovered due to theft (loss of use).
We recommend that you decide whether or not you need LDW before you pick up your car, and if you don’t need LDW, don’t buy it.
When renting for business, check with your corporate travel manager to see if the company provides coverage in the event of loss.
If you’re renting for personal reasons, check your own automobile insurance policy before you pick up your rental car. Many policies do cover rental cars, but even if a renter has personal automobile insurance, he or she may not be totally protected. If you’re wanting to find different insurance policies that can cover rental cars, you have the ability to shop around online to find suitable insurance cover from wesbites such as Insurance Quotes and others.
If you decline LDW and rely on your own insurance, you probably would be responsible for paying your usual deductible.
A loss-of-use fee is not normally covered by personal auto insurance policies.
Personal auto policies may only provide a coverage limit equal to the value of the vehicle scheduled on the policy. If the value of the renter’s personal auto is less than that of the rental vehicle, the renter could still incur some damage responsibility.
If you don’t own a car and don’t have automobile insurance, you should consider accepting Loss Damage Waiver to cover yourself.
Credit Card Coverage
Some credit card companies offer protection if you present their card at the time of rental, and if you use the same card to pay for your rental at the time of return. Renters should closely examine the terms of this coverage because the protection is often supplemental, and certain limitations or restrictions may apply. Remember – if the insurance doesn’t cover your loss, you will remain personally responsible for any difference!