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Regarding car insurance coverage in Mexico, the only type of insurance you’re legally required to have is liability insurance that meets the minimum requirements of whatever state you are ...
This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle. Most rental car companies offer insurance to cover damage to the rental vehicle.
Damage Waivers can be bought from the car rental company in most countries, or through a car hire excess insurer in the UK, [20] or through travel insurers. [21] Coverage from the car rental company may be required if the renter lacks proof of coverage elsewhere. [22] [23]
Rental car insurance works the same way as regular auto insurance: you pay a certain amount of money in exchange for an insurance company’s agreement to cover losses and claims up to an agreed ...
Car rental insurance, available at the rental counter, can help offset these fears by providing coverage in the event of an accident, vehicle theft, or another incident. But there is another ...
The minimum coverage defined by German law for car liability insurance / third-party personal insurance is €7,500,000 for bodily injury (damage to people), €500,000 for property damage and €50,000 for financial/fortune loss which is in no direct or indirect coherence with bodily injury or property damage. [24]
The short answer: In most cases, you likely don't need to purchase additional coverage for the rental car if your own car insurance policy adequately covers you and the rental. Your existing ...
Many businesses in South Bay offer Mexican car insurance on a short-term, prepaid basis. Most large car rental companies in San Diego do permit their vehicles to be taken across the border but generally require a hefty fee, sometimes costing more than the rental, for Mexican auto insurance.
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