so my car was hit and the guy at fault insurance company is paying for the damage and a rental car they just dont pay for the insurance on the rental car i only have liability everything is set up for tomorrow and car is suppose to be waiting at the auto repair shop at 8 in the morning my problem is everyone is telling me i need a credit card to pay for the insurance is this true ? i have no debit'credit card will they let me pay cash?
2007-03-26 16:14:43 · 6 answers · asked by angela d 1 in Cars & Transportation ➔ Insurance & Registration
The requirements of the rental agency override the insurance companies ability to pay for the rental; you MUST meet the rental agencies minimum guidelines to rent their vehicle no matter who ultimately pays for the rental charges. That said, if the rental agency mandates a credit card or cash deposit in order for you to leave their lot with one of their cars--you have to comply or not rent. The insurance company is only required by law to compensate you for Loss of Use whether you can actually rent a vehicle or not.
As for as whether or no the insurance company is required to pay for insurance charges on the rental, the answer to that quite simply is no. The courts look at this simply as such: it's the other guys responsibility to compensate you for your damages, it's not his responsibility to provide you insurance coverage. You elected to carry liability only on your policy, how is that the other guys fault?
2007-03-26 16:57:33 · answer #1 · answered by bundysmom 6 · 1⤊ 0⤋
Half true, depends on the company.
It's true that most rental car companies won't take debit card. This is so that if you *do* take the car and run, they can ruin your credit. They worst they can do to a debit card is empty the account, and the account may have only $1 inside, plus enough to cover the rental charges, they won't get anything else. Ran into that before.
Some may let you put down a "deposit" but that amount runs into the hundreds.
On the other hand, since the car's prepaid, this MAY not apply. Ask the rental agency to be sure.
And get a credit card, unless you're very young, then get your parents to give you a co-signed card... Mainly for emergencies like this.
2007-03-26 16:56:14 · answer #2 · answered by Kasey C 7 · 0⤊ 0⤋
Most rental-car places require a credit card.
It doesn't matter if the rental is prepaid, they need a credit card "on file" anyway. For several reasons. First is to cover the incidental extra stuff, like so they can charge you $7/gallon for gas if you don't bring it back full. Usually there is no "incidental extra stuff".
Second is so that you can just "drop the car off" after hours, and you don't need to come back again during business hours to settle up.
Third, essentially they want a credit card to prove that you are a responsible person with credit good enough to GET a credit card. I guess they figure if they only rent to credit-card holders, they're more likely to get their car back in one piece. Having a credit card is also proof that you're over 18.
I'm sorry you don't have a credit card. I recognize that there is a fraction of our population who is perfectly credit-worthy but morally objects to consumer credit... it is deeply corrupt, as is e-transactions like debit cards. I applaud and honor such people, alas, the rental car companies do not, nor does most of the financial world. Here's a useful tip: religious Muslims are not allowed to have credit, yet they still manage to buy houses, rent cars etc. Find out how they do it...
2007-03-26 17:16:44 · answer #3 · answered by Wolf Harper 6 · 0⤊ 0⤋
The name on all rental credentials (license and credit card) must match the name on the reservation. All four major card networks offer rental car insurance, but have substantial variation in benefits and requirements. Still, the coverage from Visa, MasterCard, ... Geelong rental manager
2014-08-07 20:54:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
angela, i work for a rental company and im a asst manager, if the insurance company is paying for all of it you dont need a credit card for the deposit and they will just comp you but they will ask you if you need coverage, in your case you need to purchase their CDW, collision damage waiver (which protects the vehicle you are driving) the cost of that is about in the twentys per day, you wont be able to pay cash but in some companies they will allow someone else to pay without them being a additional driver ( which costs you more ) but you will need some type of card to pay.
2007-03-26 19:04:47 · answer #5 · answered by Jack 2 · 0⤊ 0⤋
I holiday around Spain for all time and hire autos using in basic terms a debit card to hire from Hertz, Europcar, Avis etc.. in the final month I unquestionably have used those companie thrice devoid of any issues
2016-10-20 00:33:57 · answer #6 · answered by Erika 4 · 0⤊ 0⤋