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Posted by on April 1, 2008, 8:47 am
> says...
>
ote:
> > >I never purchase any additional insurance. =A0The people who own the ve=
hicle
> > >have it insured. =A0To charge that to the renter is just a scam.
>
> > =A0 Try hitting someone or something without the optional insurance, and=
see
> > who the lawyers go after! =A0(No, better NOT!!!)
Yes, exactly. To say that because the rental company has insurance
means that the renter doesn't need any is very bad advice. If you
hit someone with a rental vehicle and it's your fault, the other party
is going to come after YOU for the cost of their damage and
injuries. And the rental company and/or their insurance company is
going to come after YOU for the cost of repairs to the rental vehicle.
Even in a private party arrangement, if I lend my car to someone and
they damage it, I have every right to make that party pay for the
repairs even if I have collision insurance that would cover it. The
concept here is simple. You lend something to someone for them to
use and they are bound to return it in the same condition it was when
they took it.
I'm not saying the insurance offered by rental companies is a good
deal. In many cases, either your own auto policy or free insurance
provided by some credit card companies when you use their card, may be
sufficient, depending on your circumstances, etc. But you better
understand your liability and what insurance coverage you have/need.
And as pointed out, I'd pay particular attention to what any existing
insurance says about trucks, gross weight, etc.
>
> > =A0 (Fortunately, I have yet to be in that boat!)
>
> > =A0 Why do personal car insurance policies often cover driving rental
> > vehicles? =A0I suspect there is a need!
>
> > =A0 If you have personal car insurance, and they cover your use of a
> > rental vehicle, and you don't mind putting them on the hook if you bungl=
e
> > driving the truck, then go ahead and decline the optional insurance!
>
> Be careful renting a truck with your insurance. =A0You *may* not be
> covered. =A0Check with your insurance company.
>
> --
> Keith
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Posted by S. Barker on April 1, 2008, 10:35 am
what if you don't own a car and thusly wouldn't have any car insurance???
do tell....
s
>
> Why do personal car insurance policies often cover driving rental
> vehicles? I suspect there is a need!
>
> If you have personal car insurance, and they cover your use of a
> rental vehicle, and you don't mind putting them on the hook if you bungle
> driving the truck, then go ahead and decline the optional insurance!
>
> - Don Klipstein (don@misty.com)
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Posted by on April 1, 2008, 10:48 am
> what if you don't own a car and thusly wouldn't have any car insurance???
> do tell....
>
> s
Then you better take the optional insurance offered by the rental
company, or face the prospect of being liabel for not only the value
of the rental car, but also the cost of damage to other cars,
property, medical bills, etc.
What's so hard to understand?
>
>
>
>
>
>
>
> > =A0Why do personal car insurance policies often cover driving rental
> > vehicles? =A0I suspect there is a need!
>
> > =A0If you have personal car insurance, and they cover your use of a
> > rental vehicle, and you don't mind putting them on the hook if you bungl=
e
> > driving the truck, then go ahead and decline the optional insurance!
>
> > - Don Klipstein (d...@misty.com)- Hide quoted text -
>
> - Show quoted text -
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Posted by S. Barker on April 1, 2008, 7:58 pm
Not hard at all. If i loan my car to someone, then MY insurance covers the
car and the liability. Same with the rental car co. THEIR car, THEIR
insurance.
s
duh.
What's so hard to understand?
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Posted by Don Klipstein on April 1, 2008, 8:28 pm
>what if you don't own a car and thusly wouldn't have any car insurance???
>do tell....
>
>
>>
>> Why do personal car insurance policies often cover driving rental
>> vehicles? I suspect there is a need!
If you hit anyone/anything and you have any assets other than the money
that you are spending to rent the truck, the injured person or owner of
injured property can sue you for it. If you have assets less than such
damage, you can hypothetically be forced into bankruptcy.
If you don't have personal auto coverage that covers liability while
driving the rental truck, if I were you I would buy optional insurance
sufficient to cover at least a boggled parking maneuver, and a fender
bender can easily cause a $3,000-plus repair bill even for a cheaper car -
let alone a Lexus, BMW, Audi... And a truck can cause damage worse than
"fender bender" to a car even at less than 5 MPH. In addition, the owner
of the dented car may also sue for cost of a rental car to use while the
dented car is in the shop.
If your personal auto policy covers your liability while driving a
rental truck, be sure to carry your insurance card. If not, make sure
you know what document shows liability coverage - you will need that if
you hit anyone or anything, or get pulled over by the police for anything
- such as failure to signal a turn, violating a truck restriction,
speeding or misinterpreting an officially authorized person directing
traffic.
- Don Klipstein (don@misty.com)
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