What are the restrictions on the CDW/LDW & SLI Policy for the USA and Canada?
We explain things to watch out for when buying CDW, LDW, and SLI Policies for use in the United States of America and Canada
The main restrictions are as follows, but do refer to individual policies for the finer details:
Policies are available for those between the ages of 21 and 85. However be aware that some car hire firm impose a requirement that younger drivers (up to the age of 25) take their own excess insurance - check this with your car rental firm if you are in this age group.
Rental periods must not be longer than the period detailed in your policy - for annual policies this is normally either 31 or 62 days. Single trip policies cover periods of up to 180 days.
Not valid for passenger vehicles with more than 9 seats (7 seats with one company),commercial vans, camper vans, mobile homes or motor cycles, although separate policies are available covering Motorhome Hire Insurance and Van Hire excess.
Not normally valid for expensive or exotic cars (policies normally have a limit between US$50,000 and US$80,000) or antique vehicles (that is vehicles over 20 years old).
Residents of the USA and Canada cannot be covered for an SLI policy and other non-UK residents may face restrictions too.
Moneymaxim aims to inform its visitors through its journalistic sourced
information, but things change rapidly in our market and we cannot guarantee
everything will be perfectly up to date. Please do be aware you use the
information at your own risk, that the information provided is not financial
advice and that your own independent research is essential to make sure that any
product or service used is right for your circumstances. We cannot accept
liability for any decision you take as a result of information provided on
moneymaxim. This service is free to you but to operate this service moneymaxim
may receive commissions from the partners you are referred to.
Moneymaximiser Limited trading as moneymaxim is authorised and regulated by the Financial Conduct Authority (FCA FRN 496690).
Moneymaximiser Limited, registered in England No. 6706021. Registered Office: 8 Market House, 19-21 Market Place, Wokingham, Berkshire, RG40 1AP.
Telephone 0800 520 0699 or 0118 321 8197.
Copyright 2010 – 2020 Moneymaximiser Limited. All rights reserved.