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Getting into a rental car crisis could be frustrating.
Usually you are in a city that you do not know, a state with laws that you are
not familiar with, and you are driving person else's car. This is a formula
that can give you a big headache. So here is an summary of how rental car
accident claims get handled and settled.
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Accident Attorney Massachusetts
When you rent a vehicle, the rental business will ask you
for your proof of insurance. Many of them will ask for your
Declarations Page. They want to see what coverages you have. They will be
looking for liability, collision, and comprehensive, in your policy.
Liability is because it is required by law, but collision and thorough will
protect the car you will be driving. 99% of the clubs out there will extent
coverage to the rental car and the rental business knows that. Rental clubs will want to know how much your
deductible is. Your deductible is the measure of the loss that you are "self
insuring". For example, if the damage to the car is ,000 and your deductible
is 0, then the assurance business will only pay ,500 (00 - 0
deductible); you will have to pay the 0 out of pocket. Many rental clubs
will require that your deductible be less than 0 or you will have to buy
extra assurance at the time of renting the vehicle. When you rent the car, then rental agent will ask you if
you want extra insurance. Three things can happen: you decline all together, you
buy extra insurance, or you buy a collision damage waiver. Depending on which
option you select, the rental car crisis will be handled differently by your
insurance company. First, if you decline all together, then you best have
an active procedure that will furnish first party coverage for the rental car. Your
insurance business will be responsible for paying the rental business for the
rental car, but those payments will be branch to all the terms of your policy.
What this means is that your deductible will apply and you will have to pay that
to the rental business up front. It does not matter that you were not at fault
for the accident; the rental car business is entitled to get the car fixed as
soon as possible. Your assurance business will be responsible for going after the
responsible party The restrictions of your procedure can cause any
problems. In general it will be on the loss of use,
click here to learn more about the Lou in a rental car accident. If you do
not carry rental coverage on your policy, you will owe the rental expenses to
the rental business as if they had to rent a car. If the car will take five
days to repair, then you will owe the five days rental. Also, if you do carry
loss of use coverage (rental car coverage) in your policy, but the limit is
below what the rental car would rent for, then you would owe the difference. For
example, your rental coverage is per day, but the rental car cost is per
day, you will owe the discrepancy between the two. Second, you buy "extra" insurance. This is where things
can get a minuscule complicated. The assurance adjuster must look at actual procedure
that you bought (not given to you when you sign). The terms of that procedure will
determine how the crisis will be handled. Some rental assurance coverages
provide complete coverage any rental car crisis as long as you pay the
premium. They would cover the car that you hit (if you are at fault), and the
rental car damage. You could still have a deductible. Your assurance business
usually will step in as a secondary form of coverage in case the rental car
insurance procedure limits are low. However, you need to read both assurance
polices together to see which one would pay first and which one would pay as the
secondary. Last, you buy collision damage waiver. Many people will
tell you that this is coverage for your deductible. This is not true. When you
rent a car, you agree that you will return the car as it was given to you.
You also agree that in case of a rental car accident, you will pay for the car.
A collision damage waiver will waive that provision of your
contract. This means that you are no longer responsible for the rental car.
However, you still need to file a claim for your curative bills (in case of
injury) and to defend you or pay for the car you hit (if you are at fault).
I hope you have new knowledge about Accident Attorney Massachusetts. Where you can put to used in your day-to-day life. And most significantly, your reaction is passed about Accident Attorney Massachusetts. Read more.. Rental Car urgency - The Process and Your rights.
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