523:, Theft and Third Party Liability coverage are often included in car rental prices in Europe, Africa, and Australasia. There is almost always an excess on these (also referred to as Super CDW, Non-Waiver, or Deductible), which involves an amount of money customers must pay in the event of damage, to discourage drivers from making small claims. A higher excess usually results in a lower upfront insurance cost for customers, but if damage occurs costing less than the excess to repair, then there is little incentive for customers to claim, benefiting the insurer. Excess insurance (also known as excess reduction, or damage liability waiver) is a secondary insurance which covers the cost of that excess in the event of a claim. Car-rental companies in Europe, South America, and Australasia will generally offer this cover as an opt-in secondary insurance, though third-party insurance companies also sell excess coverage for hire cars, which may offer greater protection than standard coverage.
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452:. It is not uncommon for there to be a young driver surcharge for all drivers aged under 25. On average, most car rental companies will only to rent to drivers who are at least 20 or 21 depending on the company. The companies Hertz, Dollar Car Rental, and Thrifty have a minimum age of 20. Alamo, Enterprise, Avis, and all other reputable companies have a minimum age of 21. Certain luxury vehicles may be restricted to those 30+. The US states of New York and Michigan are the only ones who mandate via state law that rental car companies cannot refuse service on the grounds of age if the customer is at least 18 years of age or older. In addition, some companies will rent to 18 and 19 year olds if they are military or government personnel.
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is illegal to drive a car without liability coverage. The rental car companies maintain liability insurance on their vehicles; however, some companies will charge for this, should you not provide your own insurance. As an example, in
Maryland, the minimal level of liability coverage is $ 20,000 for bodily injury and $ 15,000 for property damage.
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specifies the vehicle variant on offer (e.g. 4 Door, Estate, Convertible, SUV etc.). The third letter is generally used to specify the transmission type, although it can also be used to describe how many wheels drive the vehicle, and the fourth letter describes the fuel type and whether the vehicle has air conditioning or not.
499:(LDW) - covers the cost of damage to the rental vehicle, up to the full value of the vehicle, in the event of an accident. Typically LDW covers 100% of costs without a deductible additional fees. Note that LDW/CDW coverage is not insurance and does not offer the same coverage product as a damage insurance policy.
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to charge additional fees should a defect be found with the car on its return or for road tolls, motoring related fines, or missing fuel. In lieu of a credit card, some companies require a large cash deposit. Some companies permit a debit card for deposits, typically with proof of a round-trip travel
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Although frequently not explicitly stated, US car rental companies are required by respective state law to provide minimum liability coverage, except in
California and Arizona, where the driver is solely responsible. This covers costs to a third party in the event of an accident. In most states, it
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In the U.S., the sale of these supplemental insurance/waiver products may be regulated by each state's insurance department, and a special limited license may be required by the rental company in order to sell them. The specific coverage offered can differ substantially, depending on the state or
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as an optional extra at additional cost. If you possess car insurance, it often applies to rentals as well. Additionally, numerous credit cards offer protection against theft and damage when used for payment. Before considering additional coverage at the rental agency, verify both your existing
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leased, or they can be owned under a guaranteed buy-back program arranged directly through a manufacturer or manufacturer's financial arm (these are known as 'repurchase vehicles' because the manufacturer outlines the exact price of original sale and of repurchase at the end of a defined term).
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and renting them to their customers for a fee. Rental fleets can be structured in several ways – they can be owned outright (these are known as 'risk vehicles' because the car rental operator is taking a risk on how much the vehicle will be sold for when it is removed from service), they can be
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coding system. This describes the size, door count, gearbox type (manual/automatic), and whether the car is air-conditioned, encoded into four letters. The first letter in the Acriss Code represents the general classification of the vehicle (e.g. Mini, Economy, Compact etc.). The second letter
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In the UK, the registration of rental cars can be concealed by using unfamiliar initials or subsidiaries, which can increase the resale value via manufacturer or third-party dealers. In North
America, it is common to see rental companies with their own branded second-hand car dealers where the
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Car rentals are subject to many conditions which vary from one country to another and from one company to another. Generally the vehicle must be returned in the same condition it was rented in, and often must not exceed mileage restrictions, otherwise, extra fees may be incurred.
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ex-rental stock is sold directly to the public. Alternatively, auctions are often used in the United States and with the advent of digital platforms, rental cars have increasingly sold the vehicles directly to new and used car dealers bypassing the auction channels.
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Additional classifications based on seat numbers and trunk volume were also set by the
Belgian Rent a Car association in order to provide a unified system for assessing the car types in online reservation systems and airline
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Personal
Effects Coverage (PEC) – insures against risk of loss or damage to the personal belongings of the renter (and sometimes the members of the renter's family while traveling with the renter) during the period of the
505:(CDW) - Generally covers the costs of damage from a moving accident. As the name suggests, the non-collision based damage is often not covered. In many cases, in the event of an accident, a fee or deductible applies.
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For insurance reasons, some companies stipulate a minimum and/or maximum rental age. In some cases, the minimum age for rental can be as high as 25, even in countries where the minimum legal age to hold a
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Supplemental
Liability Insurance (SLI) – a product often sold in the U.S. which provides coverage in the event of an accident causing bodily injury or property damage to someone other than the renter and
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and passenger vans. At major airports or in larger cities, some independent car rental agencies offer high-end vehicles for rent. Some specialized companies offer older vehicles at reduced prices.
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Most car rental offices offer a range of vehicle sizes to suit a variety of budgets and space requirements and some additionally offer specialized vehicles to suit its location such as
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To allow for a uniform classification and easy comparison of car rental prices, the
Association of Car Rental Industry Systems and Standards (ACRISS) has developed the
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Personal
Accident Insurance (PAI) – covers medical costs and accidental death for the renter and passengers in the event of an accident during the rental.
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for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local
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When cars are rented out to tourists, it adds vehicles on the roads. This can be an issue in countries already struggling with
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The sector expanded rapidly in the US; in 1926, the
American Driveurself Association assembled over 1200 delegates in Chicago.
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Car rental agencies primarily serve people who require a temporary vehicle, for example, those who do not own their own car,
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in 1916, but by 1917, his Ford Livery
Company was renting out 18 Model Ts at 10 cents per mile. The company name became
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Alongside the basic rental of a vehicle, car rental agencies typically also offer extra products such as insurance,
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Top up or down?: The origin and development of the automobile and truck renting and leasing industry--since 1916
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The earliest known example of cars being offered for rent dates back to 1906. The German company
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led to the establishment of several well known international companies, including
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It is typical, when renting a car, to be offered various forms of supplemental
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237:. By 1926, Saunders had expanded to 56 cities. Saunders' company was bought by
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An early competitor to Saunders was Walter L. Jacobs, whose Chicago-based
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insurance and credit card benefits. There are several types of coverage:
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or busy city areas and often complemented by a website allowing online
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is required in order to rent a vehicle, and some countries require an
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Car rental companies operate by purchasing or leasing a number of
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The majority of car rental companies require the use of a
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compensation. Car rental agencies may also serve the self-
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769:"Used-car buyers unwittingly bought ex-rental vehicles"
746:"How to Explain Loss of Use to an Insurance Company"
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Rental, Arnold Clark Car & Van; Wood, Jennifer.
69:. Unsourced material may be challenged and removed.
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631:"Car Renting... Its Development... And Future",
345:, prestige models, hybrid/electric vehicles, or
471:ticket, e.g. an airline, bus, or train ticket.
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611: – Network of private self-drive rentals
922:PLP repeats concern over tourist rental cars
794:"Industry Standard Car Classification Code"
407:. Unsourced material may be challenged and
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722:"History of car rental: what has changed?"
695:"Walter L. Jacobs, 88; Rent-a-Car Pioneer"
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649:"History - The beginning of a moving tale"
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894:"Holiday advice: holiday car hire excess"
427:Learn how and when to remove this message
129:Learn how and when to remove this message
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214:was established in 1912 under the name
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875:"Top tips for saving money on holiday"
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218:(Sixt Car Cruises and Self Drivers).
30:For vehicle rental with drivers, see
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528:country in which the car is rented.
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405:adding citations to reliable sources
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311:George Bush Intercontinental Airport
259:In Britain, car rental started with
252:. The company was bought in 1923 by
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450:14,15,16 or 17 in the United States
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767:Swaine, Jon (14 September 2009).
231:Saunders Drive-It-Yourself System
216:Sixt Autofahrten und Selbstfahrer
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1157:List of carsharing organizations
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843:"Rental Cars: Know the Pitfalls"
820:"Car Rental Insurance Tip Sheet"
559:Consolidated rental car facility
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248:opened in 1918 with twelve Ford
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354:ACRISS Car Classification Code
27:Vehicle rental without drivers
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892:Charlton, Gill (2009-03-06).
841:Glusac, Elaine (2023-11-16).
337:Kia Rio rental car of Thrifty
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461:International Driving Permit
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363:global distribution systems
273:The growth in travel after
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609:Personal public transport
309:The Rental Car Center at
200:global positioning system
153:agency is a company that
1896:Peer-to-peer ridesharing
1731:Non-motorized vehicular
1441:Combined Motor Holdings
1378:Enterprise Rent-a-Truck
822:. Consumers Unified LLC
681:September 13, 2013, at
599:Peer-to-peer carsharing
521:Collision damage waiver
503:Collision Damage Waiver
1992:Personal rapid transit
1835:Personal rapid transit
455:In all cases, a valid
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1451:Hertz Global Holdings
1350:Motorhome hire agency
1327:Recreational vehicles
1004:Vehicle rental brands
881:. London. 2009-07-11.
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287:Enterprise Rent-A-Car
1717:Private railroad car
1712:Motorized wheelchair
1685:Scooter (motorcycle)
970:at Wikimedia Commons
800:. Acriss Association
616:Notes and references
547:tourist satisfaction
448:is much lower, e.g.
401:improve this section
63:improve this article
1891:Flexible carpooling
1845:Ridesharing company
1772:Horse-drawn vehicle
1722:Private spaceflight
1665:Electric skateboard
1643:Motorized vehicular
1446:Enterprise Holdings
1388:Penske Truck Rental
1373:Budget Truck Rental
1202:Enterprise Car Club
898:The Daily Telegraph
537:Tourist rental cars
519:Excess Insurance –
279:National Car Rental
1497:Community CarShare
1187:Communauto/Vrtucar
968:Rental automobiles
847:The New York Times
748:. Auto Rental News
589:Traffic congestion
543:traffic congestion
497:Loss Damage Waiver
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291:Thrifty Rent A Car
187:needs, by renting
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1552:Tilden Rent-a-Car
1436:Avis Budget Group
1428:Holding companies
1167:Cambio CarSharing
966:Media related to
947:Harris Saunders,
475:Insurance/waivers
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369:Rental conditions
329:Types of vehicles
295:Budget Rent a Car
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80: –
79:
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74:Find sources:
68:
64:
58:
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52:This article
50:
46:
41:
40:
37:
33:
19:
1970:Alternatives
1794:
1592:
1580:
1456:Shlomo Group
1365:Truck rental
1307:Yandex.Drive
1129:Rent-a-Wreck
1052:South Africa
1010:
948:
942:Bibliography
928:
917:
906:
897:
887:
879:The Guardian
878:
869:
858:. Retrieved
846:
836:
824:. Retrieved
814:
802:. Retrieved
797:
788:
776:. Retrieved
772:
762:
750:. Retrieved
740:
729:. Retrieved
725:
715:
703:. Retrieved
701:. 1985-02-08
698:
689:
674:
653:. Retrieved
643:
632:
540:
526:
482:
478:
465:
454:
442:
438:
423:
414:
399:Please help
387:
359:
351:
343:convertibles
340:
323:
315:
293:(1958), and
275:World War II
272:
269:
258:
245:
243:
234:
230:
227:Model T Ford
220:
215:
209:
197:
174:
170:reservations
150:
146:
142:
140:
125:
116:
106:
99:
92:
85:
78:"Car rental"
73:
61:Please help
56:verification
53:
36:
18:Rental truck
1987:Modal share
1830:Paratransit
1747:Pack animal
1697:Private jet
1527:JustShareIt
1252:Greenwheels
1037:Auto Europe
594:Tourist tax
509:passengers.
468:credit card
158:automobiles
2013:Car rental
1927:Ice skates
1886:Car jockey
1881:Carpooling
1876:Carsharing
1850:Share taxi
1795:Car rental
1767:Wheelchair
1762:Skateboard
1702:Motor ship
1675:Motorcycle
1670:Hovercraft
1517:Hertz 24/7
1287:Stadtmobil
1177:Carzonrent
1149:Carsharing
1074:Enterprise
1064:Carzonrent
1011:Car rental
860:2023-11-19
798:Acriss.org
731:2024-04-11
705:21 January
584:Ecoleasing
564:Carsharing
254:John Hertz
246:Rent-a-Car
143:car rental
89:newspapers
1805:Boda-boda
1707:Submarine
1655:Motorboat
1562:Yourdrive
1547:Streetcar
1277:Share Now
1272:Revv Cars
1227:Getaround
1222:Flinkster
1192:Delimobil
1027:Advantage
900:. London.
855:0362-4331
655:5 January
637:full text
532:Criticism
485:insurance
388:does not
285:(1949),
267:in 1981.
250:Model T's
241:in 1955.
233:and then
181:insurance
177:travelers
2007:Category
1949:Swimming
1901:Slugging
1581:Category
1542:ReachNow
1507:DriveNow
1482:Bluecity
1477:Autolib'
1403:TR Group
1292:Sunfleet
1267:MylesCar
1217:Flexicar
1119:National
1114:Localiza
1079:Europcar
826:29 April
804:24 April
778:15 April
752:29 April
699:LA Times
679:Archived
553:See also
297:(1958).
289:(1957),
283:Europcar
281:(1947),
265:Europcar
166:airports
162:branches
151:car hire
147:hire car
1954:Walking
1937:Running
1906:Vanpool
1855:Taxicab
1815:Gondola
1757:Scooter
1742:Cycling
1738:Bicycle
1593:Commons
1557:Whizzgo
1512:Flexcar
1470:Defunct
1317:Zoomcar
1182:Cityhop
1139:Thrifty
1124:Payless
1084:Firefly
516:rental.
487:and/or
463:(IDP).
409:removed
394:sources
206:History
103:scholar
1864:Shared
1408:U-Haul
1312:Zipcar
1207:EvCard
1162:BlueSG
1109:Kemwel
1069:Dollar
1059:Budget
1047:Europe
1018:24Rent
951:, 1985
853:
651:. Sixt
579:Ecotax
193:trucks
105:
98:
91:
84:
76:
1680:Moped
1532:Maven
1487:Citer
1418:Zigup
1393:Ryder
1247:GoGet
1242:GoCar
1197:Enjoy
1099:Hertz
1032:Alamo
155:rents
110:JSTOR
96:books
1522:I-GO
1398:Sixt
1345:JUCY
1297:Turo
1282:Sixt
1257:Modo
1134:Sixt
1104:JUCY
1042:Avis
851:ISSN
828:2014
806:2019
780:2013
754:2014
707:2012
657:2019
392:any
390:cite
347:SUVs
239:Avis
212:Sixt
189:vans
82:news
1650:Car
1022:ACE
403:by
191:or
149:or
65:by
2009::
896:.
877:.
849:.
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796:.
771:.
724:.
697:.
665:^
624:^
549:.
365:.
256:.
172:.
145:,
141:A
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424:(
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415:(
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132:)
126:(
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117:(
107:·
100:·
93:·
86:·
59:.
34:.
20:)
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