Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
4 Reasons to Have Insurance for Rental Cars
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Suba, post: 283467, member: 3658"] The car rental service business is a potential and promising business, because there are lots of people out there who need cars for their various needs. Besides being able to make a sizable profit, the car rental business also has other advantages such as being easy to manage, wide market reach, etc. But behind these advantages there are also many risks that must be considered, such as making car rental rules to avoid fraud. install GPS in the car in a hidden place. Besides that there is also a risk of damage due to an accident, because it is very necessary to use vehicle insurance, to avoid car damage. There are 4 reasons why you need to buy insurance to run a car rental business, which are as follows: 1. Car renters are not controllable Car rental owners will meet a variety of different tenant characters, some like to be fast and reckless, and some are calm. The owner of a car rental will not be able to predict what will happen on the highway, such as accidents and damaged cars. If this happens, the loss will be the responsibility of the insurance company. 2. Other risks The risk of damage to a car can not only occur on the highway, but there are other factors that can pose a risk of loss such as natural disasters, floods, landslides, etc. 3. The risk of loss is greater than the premium to be paid If there is an accident and the car is badly damaged, the amount of damage to the car will be greater than the amount of the premium that must be paid. The premium fee for car insurance is no more than 5% of the price of the car. 4. Car repair shops, insurance company partners Widely available in many cities, auto repair shops are partners of insurance companies, making it easier for rental car owners to repair their car if damage occurs and repair costs will be borne by the insurance company. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
4 Reasons to Have Insurance for Rental Cars
Top