Exotic car rental insurance costs can vary widely based on factors like the type of vehicle, the rental duration, your driving history, and the coverage options you select. Generally, exotic car rental insurance is more expensive than standard car rental insurance due to the higher value and unique characteristics of these vehicles.
Basic insurance for exotic car rentals typically includes liability coverage, which covers damage to other people and property if you're at fault in an accident. However, it may not cover damages to the rental car itself. To cover the rental car, you might opt for collision damage waiver (CDW) or loss damage waiver (LDW) coverage, which can significantly increase the overall cost of insurance. These waivers often come with a deductible that you're responsible for paying in case of damage.
On average, exotic car rental insurance can range up to Rs. 1,500 per day, or even more, depending on the factors mentioned earlier. Luxury and high-performance vehicles generally have higher insurance costs due to their higher value and repair costs. Additionally, some insurance providers offer bundled packages that combine various types of coverage, so it's essential to carefully review the policy details and compare quotes from different rental companies.
Keep in mind that the numbers provided are approximate and can vary based on location, rental agency, and market conditions. It's recommended to contact rental companies directly to get accurate pricing and information tailored to your specific situation.
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14/08/2023
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