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I am starting a car rental company, what type of car insurance do i need and where can i get this?
I am starting a car rental insurance company. I am having trouble finding out how I can get these cars insured and who will offer me this kind of insurance? My renters will be using their own liability insurance but I want basic coverage for the vehicles. Any information will be greatly appreciated.
Public Comments
- You need to call an insurance agency.
- The Rabbi is right. Call an agent, tell them the type of business you're running, and they will tell you everything you have to cover and then some.
- Are you staring a car rental company or a car rental insurance company. The two sentences say different things. Interestingly, you have all of the answers except the insurance one. I would recommend that you talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE. The counselor at SCORE will most likely advise you to write a business plan which is very good advice because it will force you to dig out all of the start up details and the costs of starting a car rental agency and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them. Try this link : http://www.ychange.com/small-business-consulting-articles.html and read some of the articles especially the ones about a business plan and starting a business. Good Luck
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