Car rental, also known as car hire, is a business whereby a person rents an automobile for a short period, usually ranging from a few hours to several weeks. Car rentals also have connection with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and often complemented by a website allowing online reservations.
The car rental industry is based on trust
The car rental singapore industry is based on trust. Rental companies are only as good as their word, and customers have to trust that they won’t be charged for damage that wasn’t their fault. The rental companies also need to trust their customers not to drive off without paying or stealing the car.
To help keep both parties honest, several different types of insurance available can protect you while car rental singapore. The most basic coverage is a collision damage waiver (CDW), which reduces your liability in case of an accident. If you’re renting a car in Europe, CDW is mandatory and often included in the price of the rental but if you’re elsewhere in the world, it may cost extra. Some credit cards offer CDW coverage as well; check with yours before booking your trip.
Another common option is personal accident insurance (PAI), which covers medical expenses resulting from an accident while driving but only if the driver has PAI coverage from their own insurance company and that policy was active at the time of the accident (it’s usually covered under most American health insurance plans). PAI doesn’t cover lost wages or other financial losses like theft or vandalism but does provide some peace of mind if something goes wrong during the ride.