9 to 30 per day.

Insurance for car rental business. These can be upsold to customers renting your vehicles. Read your cards fine print. Liability Insurance Collision Damage Waiver.

The Auto Rental Company Most auto rental companies offer a product called a collision damage waiver that covers some loss of or damage to the rental automobile. Vehicle rental is a very competitive industry that can also be quite lucrative. Most rental car agencies wait until youre at the counter to ask you about insurance forcing you to make a decision under pressure.

Insurance for Rental Businesses Rental businesses need all kinds of insurance whether its protection for their equipment or protection from the actions of their customers. Some of the basic insurance policies that you should put into consideration when starting your own car rental business include. The following liability coverages are also available where applicable.

A car rental business rents vehicles at affordable daily and weekly prices. There are many types of business insurance policies from general liability insurance to workers. Business insurance is designed to protect your small business from financial harm.

Youll need more than the general liability insurance and workers compensation insurance thats required of nearly every business. If you rent a car through one of the big online travel agencies OTA such as Expedia or Priceline the agency normally offers you the option to buy collision coverage. This is often labeled as PAI in car rental agreement documents.

Commercial Fleet Insurance Operational risk is an unavoidable part of the automotive rental business. Rental car insurance could cost you an extra 35-40 a day for all the different coverages nearly doubling the price of the rental car. You dont have an Auto or personal property policy with us.