It is typical, when renting a car, to be offered various forms of supplemental insurance and/or damage waivers 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.

Many travelers pay for their rental car ahead of time to skip the line and solidify a more affordable rate. Reserving the rental is one more item they can check off their to-do list. However, traveling often comes with canceled or altered plans, and paying upfront can put you at risk of costly cancellation fees.

How does a car rental company operate? The operation of a car rental company revolves around providing a varied fleet of vehicles to meet the needs of both individuals and businesses. This involves selecting, regularly maintaining, and rotating vehicles to ensure they are always available in excellent condition.

To account for renters potentially incurring additional amounts owed under the rental contract, at the time of rental, renters will be required to provide a deposit between $200 and $850 depending on the rental location and class of vehicle rented.