http://www.moneycrashers.com/to-buy-or-not-to-buy-rental-car-insurance/?utm_source=rss&utm_medium=rss&utm_campaign=to-buy-or-not-to-buy-rental-car-insurance personal finance blog Sat, 21 Nov 2009 04:07:50 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.moneycrashers.com/to-buy-or-not-to-buy-rental-car-insurance/comment-page-1/#comment-5434 author Fri, 04 Jan 2008 03:49:47 +0000 http://www.moneycrashers.com/to-buy-or-not-to-buy-rental-car-insurance/#comment-5434 That sounds pretty shady to me. I'll try to ask a friend of mine who is an auto adjuster if they are entitled to collect loss of use from you. Rental companies have thousands of cars, I don't think one of them in the shop is taking away from their business. But, it wouldn't surprise me. That sounds pretty shady to me. I’ll try to ask a friend of mine who is an auto adjuster if they are entitled to collect loss of use from you. Rental companies have thousands of cars, I don’t think one of them in the shop is taking away from their business. But, it wouldn’t surprise me.

]]> http://www.moneycrashers.com/to-buy-or-not-to-buy-rental-car-insurance/comment-page-1/#comment-5422 Victoria Frailey Thu, 27 Dec 2007 22:38:23 +0000 http://www.moneycrashers.com/to-buy-or-not-to-buy-rental-car-insurance/#comment-5422 My auto insurance will cover MOST of my exposure when renting a car, but I have not found any insurance that will cover "Loss of Use", which means that if the car is involved in an accident and it takes several days or weeks to repair it, the rental car company can hold me liable for their lost revenue. That is too much risk for me, so I always purchase the rental car companies insurance. Am I too cautious? Can the rental car company truly hold me liable for that type of loss? My auto insurance will cover MOST of my exposure when renting a car, but I have not found any insurance that will cover “Loss of Use”, which means that if the car is involved in an accident and it takes several days or weeks to repair it, the rental car company can hold me liable for their lost revenue. That is too much risk for me, so I always purchase the rental car companies insurance. Am I too cautious? Can the rental car company truly hold me liable for that type of loss?

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