Insurance Insights Of Minibus Hire In Inverness

If you’ve hired a minibus in Inverness, you’ve probably been warned by the salesperson at the counter about the possible consequences of walking away without buying their hire insurance. That’s what the company is counting on, putting you on the spot. You may be unsure about the extent of your current coverage. Don’t let them shame you into purchasing insurance. That’s what minibus hire companies in the UK are counting on, along with the commissions for selling you the coverage.

Each region in the UK, including Scotland and particularly Inverness, has different auto insurance and minibus hire insurance coverage.  Having experienced the ugly side of minibus hire agencies and insurance coverage. So it’s critical that you understand the facts. It could save you a lot of money out of your pocket.

Do you need insurance to minibus hire inverness?

You don’t need to have your own insurance policy to hire a minibus in inverness. However, minibus rental companies often provide limited vehicle coverage. So if you get into an accident, you’re probably going to be responsible for significant expenses. Now, buying additional insurance from the minibus hire company, using a credit card, or getting a separate policy that’s standalone from a third party person is an option.

Can your own auto insurance coverage cover it?

Well, that depends on whether you already have that coverage within your own auto insurance policy. Now, you may have to call the company to get the proper information. Coverage from your own policy applies when you’re using a hired minibus for personal non-business purposes. Thus, car crashes and car theft may be an issue if you’re using it for business purposes. If that’s the case, your employer may have the coverage on a separate policy. You’ll need to find that out before you hire the minibus.

What about car crashes and car theft?

Well, at the counter of minibus hire inverness, you can purchase a lost damage waiver or LDW. It’s also called a collision damage waiver or CDW. It gets you off the hook for damages to the minibus or the theft of that vehicle. It’s technically not an insurance policy. Rather, a waiver that says the minibus hire company won’t come after you. This is called walk-away insurance. 

What if you have collision coverage policy?

Now, if you have collision or comprehensive coverage on your own policy. It generally will extend to a hired minibus as long as that’s within the UK. Yet, you are still liable for the cost and any other expenses incurred while the car is being fixed. Also, you have to file a claim on your auto insurance policy, which could raise your premium.

What if you don’t have a collision coverage policy?

Now, if you don’t have comprehensive or collision on your regular policy, or you’re hiring in a location where the coverage isn’t in effect, you should pay the LDW or the lost damage waiver. If there’s damage that you do to other cars or other property. Supplemental liability protection covers that, and it will pay for the damage you do to others. Property insurance covers that vehicle protection. It usually goes between £300,000 and a million pounds worth of coverage. You may or may not have that on your policy. That depends on what region you’re in and what your policy looks like.

Personal injury protection for the rescue

If there are injuries that happen to you. Your personal accident insurance coverage will cover medical costs for you and your passengers. This includes ambulance and medical care and death benefits—hopefully not. And if you have personal injury protection or medical payment coverage on your own. Indeed, that will help cover some of those expenses. Remember, if you’re outside the UK, that could be different and may fall onto your health insurance policy.

What about stolen items?

The insurance policy covers personal items stolen up to a set pound amount through your homeowner’s or renter’s policy.  Although, that’ll generally cover the possession of certain items up to a certain pound amount. You’ll typically need to file a police report, and there’s a deductible amount that will apply.

Additionally, using your credit card may give you minibus hire coverage. But credit cards often provide coverage for certain vehicles under certain circumstances. So, it’s important that you read the small print or contact your insurance company. Using your credit card for minibus hire inverness coverage—well, credit cards often provide coverage for minibuses. Thus, assuming you use that card to pay for the hire and the hire is in your name. You’ll automatically have the coverage if it includes that on the credit card policy. Ultiamtely, there’s no need to call or sign up for any forms, usually. You want to call your credit card company to get details.

Conclusion

As a minibus hire inverness agent, I am advising you that minibus hire companies expect to earn a certain amount of income. They’re going to charge your credit card upfront if the vehicle isn’t used because of damage. And then you’re going to have to get a lawyer to get that resolved. I’ve been there and done that, and it is very frustrating.

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