Car Rental Insurance Protections
in Costa Rica
Costa Rica Auto Rental Insurance Provider:
in Costa Rica the regular car rental insurance policies has been operated by the National Insurance Institute
"Instituto Nacional de Seguros" in Costa Rica called "INS".
insurance company is a government's monopoly institution founded in 1924.
Costa Ricans and all the car rental companies do not have others insurance
companies. As any other insurance company in the world the "INS" does not offer a full coverage protection
program for rented vehicles in Costa Rica.
Starting the 2009 the government has approved a new insurance law that will
change the actual insurance conditions in the country for the local insurance
company (INS) and the foreign insurance companies that have been waiting this
opportunity to put in operation their insurance products. Actually Costa Rican
people are familiar about these new changes that comes with more
requirements, controls and connections between the customer, the insurance
operator and the government. According to recent communications these new
regulations will be implemented ending this year.
Local Auto Rental Protections by
Service Car Rental:
In Costa Rica these insurance protections are subject to the terms,
restrictions, limitations and exclusions imposed by the local insurance company.
1. TPL: "Third Party Liability" In legal terms the TPL it pays for damage to
someone else's property resulting from an accident for which you are at fault.
It covers houses, other vehicles, other properties (Bikes, Motorcycles, Bridges
etc) as result of damages caused by an authorized driver with the rented
vehicle. It has a deductible of 20% and it would be calculated based on the
damages caused to someone's else property.
2. CDW: "Collision Damage Waiver" It covers the rented vehicle as result
of a collision. It has a deductible that starts in $1000 us dollars it
amounts change depending the type of rented vehicle, vehicle's size, driver's
age, rental period etc. (see Vehicle Rental Contract at the rental station) for
your type of reserved vehicle.
3. THEFT: It covers the rented vehicle as result of theft. It has a deductible
that starts in $1500 us dollars and its amount varies depending the type of
rented vehicle, vehicle's size, driver's age, rental period etc. (see
Vehicle Rental Contract at the rental station) for your type of reserved
4. BIL: "Bodily Injury Liability
Coverage" It pays damages for bodily injury or death of other person, resulting
from an accident caused by an authorized driver with the rented vehicle for
which you are at fault.
5. API: "Additional Protection" offered by the car rental company as a zero
deductible protection in case of collision or theft of the rented vehicle, it
covers the deductible as result of a collision of the
rented vehicle with other vehicle. Also would cover the deductible as result of theft of the rented vehicle.
6. SLI: "Supplemental Liability" offered by the service car rental only, it
covers the 20% deductible of the "TPL" protection as result of damages to
someone else's property caused by the driver with the rented vehicle.
7. VAI: "Vandalism" offered by
service car rental, it covers the rented vehicle in case of damages caused by
vandalism only: Windshields, windows, door locks, radio and tools.
We do accept your credit card auto rental insurance program:
CDW, THEFT, VAI and its deductibles can be waived with some credit cards issued in The
United States, Canada, Europe and other countries and that have a car rental
insurance program. Please ask to your credit card rental insurance department
whether your credit card covers insurances for a car rental in Costa Rica.
2. EXCEPTION: The credit card insurance program does not cover the TPL (damages
to third parties) they cover the rented vehicle only. The TPL "Third Party
Liability" is mandatory when the customer
declines on the vehicle rental contract those protections operated by the credit
Due to insurance restrictions for some type of vehicles, some optional
protections listed on this page may not be available in some "Rental Stations"
at the time of receiving the vehicle.
In Costa Rica the local insurance company does not cover small scratches or
small dents caused to the rented vehicle during your rental period. We strongly
recommend you using the insurance program provided by your credit card company
to cover rented vehicles in Costa Rica, they usually would cover small damages
or the entire rented vehicle in case of a collision or theft etc. For further
information just contact us at any time or you may contact your local bank (Your
Credit Card Provider) to verify
your credit card has that insurance program
as benefit for you.
As any insurance company in the world the providers of these protections ("INS"
"Institituto Nacional de Seguros", The Credit Card companies, The Car Rental
company or a Third Party Insurance Company) have more regulations for these
protections. Also they may decline to cover damages (or refund money) in case of
any negligence or violation caused by the drivers to the vehicle rental contract
terms, the insurance policies terms and the law in Costa Rica.
All the insurance information listed on this page is intended for general
information for all our customers and it does not expand coverage beyond the
insurance policy and the vehicle rental contract. This information is not a
policy of insurance, in the event of any conflict between the description of the
benefits in this page, the policy will govern.
We are able to provide you with complete information. For additional information
about car rental insurances, please contact us at any
time, our representatives we'll help you with more details about your booking