Insurance for rental cars made simple by Simon Vella
Some drivers, used to the familiarity of their motor insurance package at home, find the somewhat different nature of insurance when it comes to hiring a car a little confusing at first sight, it is important to remember that the company is interested in keeping its hire rates as competitive as possible. This means that the typical insurance package quoted in the daily rate of hire is going to be the minimum required to give both the rental company and the customer only the basic level of coverAlthough included in the rental company’s basic insurance package,A specific insurance policy – usually referred to as Supplemental Liability Insurance (or simply SLI) – is the most common way of obtaining such protection and will typically cover third party claims of up to $1 million.
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