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Myth #2: Your red car will cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle. Most rental car companies offer insurance to cover damage to the rental vehicle.
Policies for severance packages are often found in a company's employee handbook. Severance contracts often stipulate that employees will not sue the employer for wrongful dismissal or attempt to collect on unemployment benefits , and that if they do so, they must return the severance money.
Negotiate with your mechanic: Some auto repair shops offer special deals with rental car companies. Ask your mechanic if they have any partnerships or discounts available.
Auto repair insurance is an extension of car insurance available in all 50 of the United States that covers the natural wear and tear on a vehicle, independent of damages related to a car crash. [66] Some drivers opt to buy the insurance as a means of protection against costly breakdowns unrelated to a crash.
The national average cost of full coverage car insurance climbed 26 percent from 2023 to 2024, leaving many drivers wondering why coverage has gotten so expensive.
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related to: is redundancy insurance worth it for car repair companies in america reddit