There may be additional fees from the rental car company for the loss of use of their vehicle that your credit card wont cover.

How to get insurance for a car rental business. Start by looking at the various types of coverage for your car rental business and assess your risk. To get this coverage you need to use the credit card to reserve and pay for the rental vehicle. After you have a good idea of what the insurance policy you want generally costs try to haggle with your insurance agent.

The website says that CICCIU provide primary car rental insurance for all eligible business trips. The owner must then appoint an insurer to handle rental car insurance coverage and. Make sure the limits of your companys rental car insurance equal or exceed the business fleets fair-market value.

The most common business structure types are the sole proprietorship partnership limited liability company LLC and corporation. Most car rental companies need workers compensation insurance because they employ workers. This not only makes the process a lot simpler for the renter but also allows the business owner to obtain a Certificate of Insurance strengthening them against liability.

If accepted the PAI contained in the policy provides renter and renters passengers with accidental death accident medical expenses and ambulance expense benefits. Personal Auto Insurance Policy First while standard on most car insurance policies you need to ensure you have an OPCF27 Ontario Policy Change Form endorsement. The Rental Company.

Read your cards fine print. 9 to 30 per day. Next inquire with reputable licensed insurance agents to see the average cost near you.

Many credit card companies will offer free rental car insurance as a benefit when you pay for your rental car fees with their credit card. Personal Accident Insurance Personal Effects Coverage PAIPEC is offered at the time of rental for an additional daily charge. CDW or LDW is not an insurance policy by signing the agreement youre paying the car rental agency to waive its right to pursue you for damages or losses.