May 13, 2018

When renting a car for business or personal purposes one of the questions that may come up is do you need rental car insurance. Auto insurance protects you from unforeseen circumstances. When renting a car most car rental agencies will try and sell you auto insurance coverage.

Auto insurance sold by car rental firms will include:

o Collision Damage Waiver or Loss Damage Waiver which will protect you against damage or theft of rental car. The coverage is however void if you drive under tooxication, have an accident due to speeding, or drive on unpaved roads.

o Liability Insurance as required by the law of your state. This gives excess liability coverage but will not suffice in case of a serious accident.

o Personal Accident Insurance covering you and the passengers for medical and ambulance bills.

o Personal Effects Coverage that protects personal items from theft.

But before you buy any coverage you must consider:

a. If you rent cars very often then it will be cheaper for you to purchase a non-owner insurance coverage that will protect you and your spouse and will most likely include uninsured or underinsured motorist coverage, personal injury protection or PIP, and medical coverage. However, you may need to buy a collision damage waiver from the rental company to protect the rental vehicle.

b. You need to check with your own auto insurance policy whenever it covers rental cars. More often than not the liability coverage limits that exist on the auto insurance policy owned by you will be effective for rental cars too. Just check with your policy when it covers rental cars.

c. Many credit cards offer coverage. So check wherever your card offers this facility and what the specific terms and conditions are. Find out if you need to be enrolled to get coverage.

d. The latest in car rentals is being responsible for damaged caused by "acts of nature." Ensure that you understand what each phrase in the car rental contract means and always dig in your heels and demand a clear explanation for any clauses you do not understand. Check if your personal auto insurance policy covers "acts of nature" for rental cars.

e. Auto insurance coverage for rental vehicles differs from company to company so find out clearly who and what is covered by the auto insurance in case of a rental car. Many policies may cover only you or you and your spouse.

f. If you are renting a car outside the US your auto insurance policy may not cover loss and damage to the rented vehicle or liability injury. When traveling abroad you may need additional coverage.

g. Find out before you rent a vehicle if the auto rental company includes basic automotive liability and standard comprehensive insurance protection as well as theft insurance as part of the service at no additional charge.

Before you decide on rental car insurance surf the World Wide Web and read up on rental car advice as well as auto …

Do you need quick cash to bail out a friend or family member from jail? If you have bad credit and need money within a couple of days, cash loans or title loans may be able to help you out. When a friend or loved one is in the slammer and your credit rating is nothing to write home about, a cash title loan can be a life-saver.

Some lenders allow you to pawn your car for fast cash, while maintaining possession of the vehicle. You won’t even have to surrender your car to them. All you have to do is put it up as collateral. Bad credit or no credit is rarely a problem with these types of cash loans, so if you own a clear vehicle title, then you can probably get approved by most lenders.

Cash Loans Can Bail You Out of Jail

In order to get someone out of jail on bail, 10 percent of the bail is needed in cash. In some states, such as Illinois and Oregon, that 10 percent can be paid directly to the court and is returned when the defendant appears for trial. In states like Arizona, where this is not possible, a bail bondsman can be used to supply the security that the defendant will return for trial. Bail bondsmen also charge 10 percent of the bail, but their fee is non-refundable.

How to get a Cash Loans in Arizona

Depending on the size of the bail, you may need high-limit cash loans to come up with 10 percent in cash. If you have few sources that can supply you with a large amount in a short period of time, you can get cash title loans by offering your auto equity as collateral.

Your car’s title is a valuable asset that you can pawn to get the money you need for bail within a few hours, if required. This is a particularly attractive option when dealing directly with the court because the title loan can be paid off when the bail is returned. Should you forfeit the bail amount, you will have to repay the loan with your own savings.

When you accept money against a vehicle title, you should always have a plan to repay it. If you don’t make payments on time and according to the loan agreement, it can reflect poorly on your credit report. You could even end up losing your vehicle if the lender decides to repossess and sell it to recover the debt.

Getting the loan is the easy part. All you need is a clear pink slip that proves you are the owner of the vehicle and documents that prove the car is paid off or nearly paid off. Lenders will give you from 25 percent to 50 percent of the car’s wholesale value as a loan. Some may offer more depending on the lender and the situation.

If you need to help a friend or loved one who is in jail and …