What is Rent a Car Insurance? What Does It Do?

Rent a car insurance is a type of insurance prepared for cars used for commercial purposes. This type of insurance, which is obligatory for rent a car companies, has been prepared in order to cover the damages that occur in the vehicle you rented in case of possible accidents and to eliminate the grievances. There are coverage differences from policy to policy. According to the collateral, the payment amounts per tractor service, accident etc.

What is the Difference of Rent a Car Insurance?

Rent a car insurance is more costly than individual insurance. The main reason for this is that the vehicle user is not stationary.

Rent a car insurance does not provide material or moral compensation for minor damages. According to the policy, there are protection fees between 3% and 5%.

For example, let's assume that you are involved in an accident with a rent a car car with an insurance cost of 100,000 TL. Assume that the damage of the vehicle is 10,000 TL after the necessary procedures such as alcohol report and accident report are completed.

If the vehicle has a 3% exemption insurance policy, 3% of the 100,000 TL, ie 3,000 TL, will not be covered. While the license holder is paid 7.000 TL, the car rental firm tries to offset the exemption fee of 3.000 TL from the customer who rented the vehicle.

In Which Situations Is Motor Insurance Commenced?

When an accident occurs with material or moral damage;

The driver must be licensed and the driver's license must not be unavailable due to any penalty.
In rent a car rentals, the person who used the vehicle during the accident must be one of the people mentioned in the contract as the renter or additional driver.
The accident report should be kept, and if necessary, the police and gendarmerie report should be kept.