The state of Florida regulations does not allow a vehicle to run without minimum liability and this includes rental cars. If the credit card of the owner or the auto insurance carried by him does not cover car rentals then it is mandatory for him to carry a copy of the rental agreement which mentions the insurance coverage when renting a car according to Florida state laws. By law car rental companies are needed by the law to offer the minimum amount of liability insurance coverage.
Under the Collision Damage Coverage, the renter does not have any financial accountability in case the vehicle meets with an accident provided the terms and conditions of the rental agreement have not been violated. In case there is violation of the terms and conditions, Collision Damage Coverage becomes invalid and then the burden for all costs has to be taken by the renter in case the vehicle meets an accident. In case one does not adhere to Collision Damage Coverage one is responsible for the payment of up to full market value of the vehicle in the situation of an accident. Insurance company should be informed and a claim number obtained in case of an accident. Collision Damage Coverage does not cover for third parties or unauthorized derivers. The driver of the rental vehicle should promptly inform the local police in the event of an accident or any damage to the car and procure an accident report. Failure to obtain Collision Damage Coverage makes it invalid. Collision Damage Coverage cannot be bought by renters who are underage, local and those making payments with debit car. Renters of this category are required to provide evidence of full coverage insurance to rent a car.
In case of the car renter declines to take any coverage, he becomes wholly accountable for the vehicle itself and any third party claims that is made against it.
There is another coverage option called LPC, which only covers the renter and a certified driver’s personal insurance and can be deducted to a maximum limit of five hundred dollars. In this type of coverage the driver is aware that he must present a claim to their insurance holders for the full amount of the claim if it surpasses the deductible.
The Supplemental Liability Coverage provides protection to the renter and a certified driver from claims made by third party for any injury or damage to property suffered as a result of an accident in the process of using the rental vehicle up to ten lacs dollars. Supplemental Liability Coverage is in accordance with the terms and conditions of the rental agreement and supplemental liability brochure. The rental agent provides a copy of the Supplemental Rental Liability insurance brochure to the renter for information.
Most US residents are covered under collision damage by their personal auto insurance. It is advisable for renters to consult their respective insurance companies as to the types of coverage provided by them. Moreover most upper end credit cards and charge cards include insurance benefits when used to rent cars. Car hire Florida, car hire Orlando have numerous options available for car renters to decide the one which provides the best deal for themselves.