We can accommodate your auto rental business needs with up to 1 million Combined Single Limit CSL in bodily injury and property damage coverage.

Insurance for car rental business. In any case if you use 3 rd party insurance keep in mind that most car rental agencies will require payment in advance for the damage and then you will have to claim it from the various insurance companies. Some of the basic insurance policies that you should put into consideration when starting your own car rental business include. 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.

Commercial Fleet Insurance Operational risk is an unavoidable part of the automotive rental business. You dont have an Auto or personal property policy with us. Common customers include business and leisure travelers those whose vehicles are out of commission and businesses.

Youll need more than the general liability insurance and workers compensation insurance thats required of nearly every business. Read your cards fine print. 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.

The following liability coverages are also available where applicable. These can be upsold to customers renting your vehicles. Many travelers prefer to forgo the expensive insurance of car rental agencies and do not encounter any problems at the end of use.

Car rental businesses require a lot of different kinds of insurance. 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. It is also referred to as a loss damage waiver The collision damage waiver protects you in the event that you damage an automobile that you have rented.

Business insurance is designed to protect your small business from financial harm. Many car rental companies purchase supplemental insurance policies. Commercial vehicle insurance including auto liability and physical damage coverages are vital for auto and truck recreational vehicle contingent lease and customer service fleet rental enterprises of any size.