new london county mutual insurance company

new london county mutual insurance company
If you have full coverage on your personal auto policy technically you do not have to buy the insurance offered by rental car company.

Most people decline the additional coverage from the rental car companies. However, there could be a good idea to buy that additional coverage.

Here are reasons why you should be insured by the landlord.

1) loss assessment. The value of a car, according to most leases, is determined solely by the car rental and can be significantly different from the actual cash value basis, which by most insurers. This means that your insurance could be a car worth at $ 15,000 and the rental car company $ 17,000. Guess who takes the tab?

2) loss of payment. The lease may require immediate reimbursement for loss in value beyond normal wear and tear, regardless of fault. This means that your credit card for damages to be assessed independently.

4) indirect losses. If a car is damaged and out of the Commission, the landlord the option of a refund for lost rental from you.

5) administrative costs. The landlord may even be liable to you for the cost of such towing, storage, evaluation, adjustment and claims.

For a very long time, consumers have the optional coverages from rental car company was just "profit" padding. And while it can be a profitable item for them, it could also be expensive for you - if you refuse to buy it.

For a car insurance quote Arizona, visit Arizona Affordable Auto Insurance Quote, or call (480) 659-0229.

Gary Brown is principal owner of Choice Insurance of Arizona. He has been Arizona residents for Arizona Auto Insurance Arizona Homeowner Insurance, Life Insurance Phoenix, Arizona and care for almost 14 years. Find his website at Arizona Auto Insurance