When a car is hired in the United States, insurance for damage and theft are generally not included in the car rental price. In effect, if you have an accident you could be on the hook for the full market value of the vehicle. That this why the rental car damage coverage offered on the Bonzah.com site is up to $35,000.
Additionally, when traveling overseas insurance for damage, theft and third party liability are generally included in the car rental price. There is almost always an excess (also referred to as CDW, Super CDW, Non-Waiver or Deductible) on the damage and theft insurance portions of the rental. The car rental damage insurance policy offered on Bonzah.com provides coverage up to $35,000.
Frequent car renters would be aware of that sinking feeling you get when asked at the car rental desk to buy the insurance coverage, at a rate that can be as much as the actual rental. The rental car damage insurance offered on Bonzah.com starts at just $7.99 per day, so finally you can get the desired coverage, at just a fraction of the cost compared to the rental desk.
We recommend using your laptop or smart phone to purchase a policy just before you pick up the rental car. That way, whenever the agents asks you if you want to buy the insurance, you can simply decline by saying “thanks, though I already have insurance”. If they ask who the insurer is, say Arch Insurance. If by chance you didn’t have the time to purchase the policy before arriving at the rental lot, that’s ok – just make sure you buy the policy before you start driving the car otherwise you won’t be covered for any damage if you purchase the policy once the rental has already started.
If the rental car is damaged, the rental car company will charge your credit card for the damage, and you then file a claim to Arch Insurance Company for reimbursement if payable under the policy.