Visitors from outside of Costa Rica are often astonished by the price of carrental. While hotel rooms, restaurant expenses and tours are less than the prices paid at home, it may seem strange that car leasing should be more costly.
All vehicles in Costa Rica are imported and a tax is imposed. Because of this heavy taxation, the expense of buying a vehicle is higher than it will be in other industrialized countries. There are a few chrysler for sale car local rental operators who rent more mature vehicles in order to lessen their costs.
Third-party insurance, which can be known as TPI, PDW (Partial Damage Waiver), SLI (Supplementary Liability Insurance) and other acronyms, is a legal requirement. Car rental workers must charge the customer for this coverage which may or might not exactly be clear in the quotation received by the customer.
Typically the insurance itself is not the issue. In the end, many other countries require car renters to pay a mandatory insurance; including: New Zealand, Italy and South america, as well as a amount of the U. S. states, like California. Typically the issue that creates contention in Costa Rica is the cost is not always displayed plainly on the car rental operator’s website or in a quote. Consumers then discover the additional cost of their rental after arrival.
The cost of mandatory insurance differs from company to company and will be based upon the automobile category that is being rented as well. The cost for a tiny sedan may be as little as $12 per day, whereas a premium 4×4 vehicle could be as much as $25 for insurance per day. This is besides the rental cost.
Credit credit cards in North America usually offer car insurance as an additional perk to the credit card holder and so North Americans in particular, are unused to having to pay for insurance along with rental costs. However, no credit card will cover this insurance necessity. Do ask if the given quote includes third-party insurance and look into the prices on the car leasing operator’s website.
This is not insurance, but a waiver. The fundamental level will come with a insurance deductible that varies, but could be as much as $1, 500. For any higher daily rate, a zero deductible CDW may be purchased to relieve the renter of any financial responsibility in case of harm to, or theft thereof, the car.
Numerous renters will obtain their CDW through their credit card. However, it will be worth noting that the obligation in making any insurance declare is on the customer and not with the car rental operator. Some renters may choose to acquire additional in-house coverage to avoid having this responsibility.
There will be car rental agencies which hard sell their own coverage plans through guaranteeing peacefulness of mind, but in the end, this is the renter’s decision. It is worth remembering that car rental company employees, like in other elements of the world, will sometimes earn commission for insurance sales.
Car rental operators require written proof that the client’s charge card provides CDW. Request the vehicle rental operator for the actual details of what they require as well as in what form. Some may acknowledge a forwarded email from the credit card company, but others may ask for a printed copy to be presented at the time of rental.