Car Rentals & Auto Accidents: 6 Steps to Take After a Wreck
Accidents are inevitable so it is important that we are ready on the steps that need to be taken when it happens so that we are not caught off-guard.
The post Car Rentals & Auto Accidents: 6 Steps to Take After a Wreck appeared first on LUXUO.
Image Credit: Pexels
Car rental accidents can have serious consequences for the driver, and that is why this is a perfect time to discuss what happens when a rental car is damaged. In the US, the car-rental industry was able to collect a record of $28.63 billion in terms of revenue from the previous year, as revealed by a research of a trade publication which is Auto Rental News. We are talking about a lot of cars, and several opportunities for something to go wrong. Having said this, it is important to know your insurance coverage, what it will and will not cover when your rental car got a wreck. Why is having adequate insurance important"
It was a fact that in the past decade, some car-rental companies saw a profit opportunity from these car rental damages. The method of this was something that was called the ?ding and dent scam?. It works this way; there are companies that trained employees to inspect each returned rental car for any small dings or dents. From this, they would charge either the insurance company or the one who is renting the car an inflated price for repairs.Â
This practice among the major car-rental companies was brought to an end by public pressure, lawsuit, and common sense, although it is said that ...
The post Car Rentals & Auto Accidents: 6 Steps to Take After a Wreck appeared first on LUXUO.
Image Credit: Pexels
Car rental accidents can have serious consequences for the driver, and that is why this is a perfect time to discuss what happens when a rental car is damaged. In the US, the car-rental industry was able to collect a record of $28.63 billion in terms of revenue from the previous year, as revealed by a research of a trade publication which is Auto Rental News. We are talking about a lot of cars, and several opportunities for something to go wrong. Having said this, it is important to know your insurance coverage, what it will and will not cover when your rental car got a wreck. Why is having adequate insurance important"
It was a fact that in the past decade, some car-rental companies saw a profit opportunity from these car rental damages. The method of this was something that was called the ?ding and dent scam?. It works this way; there are companies that trained employees to inspect each returned rental car for any small dings or dents. From this, they would charge either the insurance company or the one who is renting the car an inflated price for repairs.Â
This practice among the major car-rental companies was brought to an end by public pressure, lawsuit, and common sense, although it is said that ...
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