The key to your peace of mind!
You will not find any other car rental company that is more transparent about their coverage policy as Globe does. For our mutual protection, we require that all our vehicles are properly insured. We want your peace of mind at all times. Clicking each “i” will reveal more details. We didn’t leave anything out!!
Best: CDW + PAP + PEC ($0 Deductible)
Best Choice! This coverage is total peace of mind. No claims, no forms, no hassles with your credit card company. Simply walk-away. And better yet, $0 Deductible and includes trip interruption benefits.
CDW + PAP
Better: CDW ($500 Deductible)
CDW (Collision Damage Waiver) is coverage for the rented vehicle in case of damage or theft. This saver is the lowest cost coverage available.
Good: Credit Card Coverage + PAP
Credit Card + PAP (Protection Assistance Plus) is a hybrid coverage. PAP is an add-on to cover many items including trip interruption to your basic credit card coverage.
So-So: Credit Card Coverage
Credit Card alone is risky business! Some may cover the rented car but has many conditions and limitations. In the event of a claim being denied by the credit card company, then renter will be personally responsible for all damages or theft.
Not Good: Insurance Via Personal Car Policy
Personal Car Insurance – the biggest 2 problems with using your own personal insurance car coverage for the rented car:
|Hassle-Free Walk-Away |
CDW (Collision Damage Waiver) provided by Globe is a hassle-free walk-away coverage. This is the best choice of coverage because it exonerates your responsibility in the event of a collision regardless of fault. Note: you will be subject to $500 deductible unless you choose PAP package which reduces your responsibility to $0.
Credit Cards require lengthy claims form, about a dozen supporting documents and average 6 months to settle.
Personal Car Insurance requires you to open a claim directly with your car rental insurance company; similar if you had the accident with your own car. You will be also liable for the deductible and risk insurance premium increase the following year (and every year after that).
|Unlimited Rental Days |
Unlimited Rental Days
CDW & PAP have no rental duration limit.
Credit Cards have time-frame limitations ranging from 28 to 48 days. This may result in a claim rejection from your credit card company should you not fall within their criteria.
Personal Car Insurance varies from policy to policy, province to province. Please verify with your personal car insurance company.
|Unlimited MSRP Value |
Unlimited MSRP Value
CDW & PAP provided by Globe have no coverage ceiling for the value of the vehicle.
Credit Cards have a limited ceiling car MSRP (Manufacturer’s Suggested Retail Price). This means if your credit card covers you for maximum of $35,000 and actual value of rented vehicle is $42,000 then you will be required to pay the difference from your own pocket.
Personal Car Insurance also has a limitation based on the value of your personal car. So, if the rented vehicle has a higher value (different class) than your own car, any difference in loss value may fall on the driver.
|Additional Drivers Coverage |
Additional Drivers Coverage
CDW & PAP provided by Globe applies to all drivers named on the contract.
Credit Cards may or may not cover additional drivers. Please verify with your credit card company.
Personal Car Insurance may or may not cover additional drivers, especially if they are not named on the policy. Please verify with your personal car insurance company.
|SUV Rental Coverage |
SUV Rental Coverage
CDW & PAP provided by Globe covers all types of vehicles including all SUVs in its SUV rental fleet.
Credit Cards may or may not cover rentals of SUV (4×4 vehicles). Please verify with your credit card company.
Personal Car Insurance some may not cover rentals of SUV (4×4 vehicles) unless your own personal vehicle is an SUV of a similar class, size and value. Please verify with your own insurance company.
|Collision Coverage |
CDW & PAP provided by Globe fully cover for various damage or theft to rental car.
Credit Cards Coverage may vary – some have car rental collision coverage and some don’t. It is the responsibility of the card holder to ensure the benefit is valid. We assume no responsibility for the accuracy or the validity of credit card benefits. This coverage is between you and the credit card company. Certain credit cards which may only have coverage in your country of residence and may not cover you abroad. Also, some credit cards will not cover SUVs & 4X4. It is important for you to verify with your credit card before renting a car.
Personal Car Insurance must have a car replacement (also known as FAQ 27, QEF27, FEQ, etc) on your personal car policy for it to be valid. For your protection, we require a copy of your policy at the time of rental showing car rental coverage option. Please verify with your personal car insurance company.
|Theft Protection |
CDW & PAP provided by Globe cover theft of all types of cars in its rental fleet.
Credit Cards may or may not cover theft of car rentals. Please verify with your credit card company.
Personal Car Insurance may or may not cover theft of rental cars unless your own personal vehicle is similar class, size and value. Please verify with your insurance company.
|Zero Increase to Your|
Personal Car Premium
Zero Increase to Your Personal Car Premium
CDW & PAP don’t affect your yearly personal car insurance premiums in case of a claim.
Credit Cards claims also do not affect your annual personal car insurance premiums.
Personal Car Insurance claim is affected directly. Claims on your own policy will reflect on your accident records and the number of claims on file. This may result in a probable increase in premiums the following year and each subsequent year.
|Zero Deductible |
CDW & PAP combined together result in zero ($0) deductible on the rented vehicle in case of collision. PAP also includes trip interruption. CDW without PAP limits your responsibility to the first $500 per incident.
Credit Cards may or may not have deductible. Please verify with your credit card company.
Personal Car Insurance does have deductibles ranging $250 to $3,000. Some expensive policies do not have deductibles. Please verify with your personal car insurance company.
|Tire Protection |
PAP will pay or reimburse any cost resulting from a road hazard flat tires, punctured tires, curb damage and cuts.
Credit Cards do not offer tire road hazard protection.
Personal Car Insurance doesn’t offer tire road hazard protection.
|Windshield Protection |
PAP will pay or reimburse any cost resulting from a road hazard stone chip to the windshield or in case of a cracked windshield. Unfortunately due to our harsh Canadian winter, we must replace a chipped or cracked windshield as repairing it will result in a fissure.