Liability insurance is mandatory and in Ontario you need $200,000 coverage minimum. Most people increase this to at least 1 million. You cannot get a license registration for a car without liabilty insurance. No-fault insurance in Ontario has complicated the picture but the basics are still there.
Answer 1 of 4: I have read some posts about this but i still have some doubts. I think CDW and LDW are the same, but i couldn’t find in a rental company.
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Find cheap car hire in just. so covers the cost of the car if it’s stolen. While CDW and LDW are. invalidates the insurance. The car hire company.
Buying LDW coverage from the car rental companies can be expensive. It can sometimes cost more than the base rate per day on the rental! You may also be able to get rental car collision insurance as part of a travel insurance package. Make sure to check all terms and conditions of coverage to make sure that it fits your car rental.
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3) Use your personal auto insurance. Your personal car insurance policy covers your own injuries in addition to those of others. This is often called Accident Benefits in the policy itself and will pay for medical, rehabilitation, and funeral expenses along with lump sum death benefits and loss of income payments.
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USA Car Hire Insurance. If you are travelling to the USA and want to ensure you and your family have the best USA Car Rental Insurance then please take 15 seconds to fill in the quote form above. You can choose between daily polices or annual polices which will save you a lot of money over the course of the year.
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Car Rental Cautions. In order to sell auto insurance coverage, a person must be licensed for property and casualty (P&C) insurance. Any unlicensed person can sell a waiver. Do not rely on advice regarding collision damage or CDW from the agency clerk. Call your own auto insurance agent.
Selling consumers additional insurance coverage, often unnecessarily duplicating coverage they already have, is the primary way car rental companies increa
If it goes that route and snags $10,000 for the damaged car, you’d get a bill for $13,500—the indirect loss—if you relied on your own insurance rather than purchase the LDW or CDW. If you had paid fof the LDW or CDW, you’d have been fully covered. So the chances are small, but you could get really screwed by opting out.
Dedicated Car Rental Insurance Coverage. If the above options don’t work for you or you’d like a little extra protection, you can buy an insurance policy from a third party.
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