Comments on: Car Rental Tip #3 – Rental Insurance

By: inventedthemop

inventedthemop — Wed, 09 Jun 2010 17:58:55 +0000

Lets be honest here …
Lets be honest here. Rental car agencies are a business above all else. They are not offering to pay your $500 deductible for a mere $17 a day. They are selling something to you that they hope you don’t need or use. And, statistically, you WON’T need or use it. If it wasn’t a profit maker, they wouldn’t sell it. If you have your own insurance, just ignore the sales pitch and decline the coverage.

By: wslaton

wslaton — Wed, 09 Jun 2010 17:58:54 +0000

yes buy the …
yes buy the coverage if it is a few days. they will collect your deductible and they will file a claim on your insurance. even if you are not at fault. the contract is between the renter and the rental car agency. that car returns to the rental agency in any different condition you are up the creek bud.

By: inventedthemop

inventedthemop — Wed, 09 Jun 2010 17:58:54 +0000

Lastly, if the …
Lastly, if the rental car agency resorts to scare-tactics, put your foot down firmly. If the ask for your insurance company’s name or the amount of your deductible before you rent the car, simply tell them that the law does not specify that you need to provide that information because the law does not require you to have insurance to rent a car. Don’t let them try and fast-talk you into spending more money than you need to. You will be just fine without it. Trust me.

By: wslaton

wslaton — Wed, 09 Jun 2010 17:58:53 +0000

actually by law …
actually by law they can since you enter into a contract.

By: inventedthemop

inventedthemop — Wed, 09 Jun 2010 17:58:53 +0000

Ask any regular …
Ask any regular renter. Anyone who rents more than 1 or 2 rental cars per year. None of them take the rental insurance. What you’d spend in rental insurance would surpass your deductible in no time. And by law, a rental agency can’t force you to pay your deductible if you aren’t at fault. The rental agency will TRY to make you pay it, but if it’s not your fault then you don’t owe them crap. Go to court if you have to, but if someone hits you, then you don’t owe the rental company a cent.

By: inventedthemop

inventedthemop — Wed, 09 Jun 2010 17:58:52 +0000

…and if you read …
…and if you read the fine print (and there is a lot of it) on the back of the contract, it specifies that you “assume responsibility for the full condition of the rental vehicle.” But a rental agency is not an insurance company, therefore they have no stake in your deductible. furthermore, since you are not required to have auto insurance to rent a car, they cannot demand a deductible be paid because not everyone has insurance and therefore not everyone has a deductible.

By: inventedthemop

inventedthemop — Wed, 09 Jun 2010 17:58:51 +0000

wslaton, i know …
wslaton, i know what you are trying to say. and you are saying this because you probably work at a rental car agency. but if you go to your corporate office and you really dig into the inner-workings of your loss control department, you’ll see just how little the coverages you sell are actually worth and how powerless your company is to pursue a not-at-fault renter. It’s not your fault, you’ve just been receiving biased and ill-informed training.

By: alepoli76

alepoli76 — Wed, 09 Jun 2010 17:58:50 +0000

In the rental …
In the rental agrement you authorize the rental company to charge you “what is necessary” in case of damage or theft. So you HAVE to pay
They are not obblying you. You have already authorized penalties signing the contract.
Another non-sense tip.
this time even dangerous.
spending few bucks a day you can have a coverage and avoid surprises.
pls stop giving people dangerous and stupid tips.
I work in car rentals as an employee.
I’ve seen lot of people ruined from these stupid suggestions!

By: Studzworth

Studzworth — Wed, 09 Jun 2010 17:58:49 +0000

So what if the …
So what if the vehicle came back with damaged? and you did not have your deductable/ extra money to pay for the damages..what then super star

By: Studzworth

Studzworth — Wed, 09 Jun 2010 17:58:49 +0000

If you decline the …
If you decline the rental insurance be prepared to pay up your collision deductable (100-1000…either way money that you really dont want to give up) whether the damage was your fault or not and even if you knew it was there or not. Oh yeah and make sure you expect your premium to go up with your company in the next cycle