Insurance For Car Rental Company
Damage claims have been and continue to be a source of profits for some car rental companies.
Insurance for car rental company. Our car rental insurance product is called rental car damage protector and provides primary coverage for covered collision loss and damage up to 40 000 along with 24 hour emergency assistance. Insure online when you book. As a lancer auto rental policyholder you have the support of decades of auto rental experience behind you. Below are some other types of insurance all car rental companies should obtain.
You ll need more than just general liability insurance and workers compensation insurance. This includes cars buses vans suvs and trucks any car from your fleet of rental cars. Car rental companies in most countries are required by law to include liability insurance. For only 9 per calendar day cost for fl residents 7 per calendar day you can be covered and won t ever have to worry about using your personal car insurance company.
Car rental companies don t mess around when it comes to vehicle damage. Commercial fleet insurance will cover liability and physical damage for all of your rental car business vehicles. Insure online when you book. Here s what to know about each.
It s important to shop around for the best commercial auto policy but there are always some add ons to consider. Rental car insurance can come from your auto policy the rental counter a credit card or an independent company. This coverage insures buildings other structures and certain equipment usually not including rental cars. Car rental excess insurance is a type of insurance policy that will cover the excess charged by rental companies if the car is damaged or stolen.
Here are the four main options you have for insuring your rental car. So whether you run a car rental agency or autobody repair shop you can focus on your business with confidence knowing we will respond to your needs quickly and efficiently. Protect your rental directly with the rental company. Don t buy any additional insurance at all.
Insure your car through a third party insurer. That s helpful because it reduces your out of. In the u s required coverage can be ludicrously small usually only the minimum required by the state.
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