People rent cars all the time. What’s the big deal? Because renting a car is so common, people rarely stop to consider the financial devastation they can suffer if the vehicle is wrecked, stolen or damaged. Stuff happens. So whether you’re renting a car for business or pleasure, proper planning can help protect your interests and keep your liability risks low.
Check with your insurance agent to see what kind of car rental coverage the company offers. Ask for specifics. Is a second driver such as spouse or business partner automatically covered? How much would you or your company be liable for if the vehicle is damaged? In addition, when you use your credit card, check with the card company to see if they offer any coverage.
Once you find out these things, you can decide if you need to buy the coverage offered by the rental car company. Before you sign the agreement, let your insurance agent look over the coverage requirements. He or she can point out any gaps and help you find the best options to fill them.
If you are in the Oakland California area, quality auto insurance is a must. For the best insurance-bang for your buck, contact Cook, Disharoon & Greathouse today!
