My mexican car rental cost over 300.00 when the base price of the weekly rental was almost nothing. I couldn't find anything about what insurance you HAVE to have in mexico on the internet. Do any of you rent cars in mexico frequently? Do you have any car rental advice??
That base price that is almost nothing, is sufficient by law. It includes the minimum mandatory third party liability. The problem is that Mexican car rental companies will refuse to rent you a car unless you purchase additional expensive coverage. That additional coverage is optional, but they will make you buy it or they will not let you rent a car. Companies differ on what kind of additional coverage they require. It can be just extra liability, or collision as well.
I would think if you don't have your own liability insurance, you would have to buy the liability coverage through the car rental agency. Otherwise you are driving without insurance. CWD on a credit card isn't insurance and of course doesn't cover liability. Is a car rental agency culpable if they let you take a vehicle off the lot without ensuring you have liability coverage?
Which makes chase cc insurance a good supplemental
CC coverage is for collision only, I believe.
I think you are correct. However they would only carry the state minimum liability insurance. So having your own or getting the supplemental would always be a good idea.I am pretty sure that any liability insurance car rentals sell, is supplemental insurance. Basic liability that is required by law is always included.
Chase markets their cc to cover auto insurance as primary but in reality it really is not since it only covers collision and not liability.Which makes chase cc insurance a good supplemental
Does it need to cover liability? The car rental company has at least liability insurance.Chase markets their cc to cover auto insurance as primary but in reality it really is not since it only covers collision and not liability.
Only certain Chase credit cards offer Primary CDW coverage. Others are secondary. Best to check which you have with the card you are using to pay for the rental. With Primary CDW, not having liability coverage doesn't change the fact that it is primary CDW. For car damage, there would be no need to file a claim through your personal insurance or pay a deductible with primary CDW.Chase markets their cc to cover auto insurance as primary but in reality it really is not since it only covers collision and not liability.
But they only take one insurance info, so do you provide your own auto insurance card or the Chase CC? I think I know the answer... you still provide your own auto ins card but make sure to put the whole rental car charge on Chase Visa.Only certain Chase credit cards offer Primary CDW coverage. Others are secondary. Best to check which you have with the card you are using to pay for the rental. With Primary CDW, not having liability coverage doesn't change the fact that it is primary CDW. For car damage, there would be no need to file a claim through your personal insurance or pay a deductible with primary CDW.
I don’t show any insurance. I drive a company car, don’t have my own auto insurance, I rent a car using my chase card that has CDW primary. I’ve never been asked to show any proof of insurance when I rent a car.But they only take one insurance info, so do you provide your own auto insurance card or the Chase CC? I think I know the answer... you still provide your own auto ins card but make sure to put the whole rental car charge on Chase Visa.
We have only been asked one time for insurance information and it was for a short rental where we didn't pay with credit card. Actually used some kind of points for the rental. We told them the name of our insurance carrier and they were happy. Any other time we always try to rent through Alamo and check in online or at the kiosk. So no one asks us anything.But they only take one insurance info, so do you provide your own auto insurance card or the Chase CC? I think I know the answer... you still provide your own auto ins card but make sure to put the whole rental car charge on Chase Visa.
I get asked every time and we did most of our rentals in Nevada and Hawaii.We have only been asked one time for insurance information and it was for a short rental where we didn't pay with credit card. Actually used some kind of points for the rental. We told them the name of our insurance carrier and they were happy. Any other time we always try to rent through Alamo and check in online or at the kiosk. So no one asks us anything.
We have rented cars numerous times in multiple cities in Mexico [Cancun, Cabo, PDC] and every time were forced to purchase additional TPL [Third Party Liability] without which we could not rent the car. They try and push other insurance [Full-Coverage] which is optional which we always turn down. They DO NOT accept any CC insurance although we still pay with our Amex-CC.That base price that is almost nothing, is sufficient by law. It includes the minimum mandatory third party liability. The problem is that Mexican car rental companies will refuse to rent you a car unless you purchase additional expensive coverage. That additional coverage is optional, but they will make you buy it or they will not let you rent a car. Companies differ on what kind of additional coverage they require. It can be just extra liability, or collision as well.
We have rented cars numerous times in multiple cities in Mexico [Cancun, Cabo, PDC] and every time were forced to purchase additional TPL [Third Party Liability] without which we could not rent the car. They try and push other insurance [Full-Coverage] which is optional which we always turn down. They DO NOT accept any CC insurance although we still pay with our Amex-CC.
We have adjusted to accepting the TPL as the cost of renting a car in Mexico as the Rental-Cost is almost nothing. E.g. 1-Week Mid-Size 75/Week + TPL: $18/Day = $126 works out to ~$200/Week.
Have seen big companies like Avis, Budget, Alamo, Fox advertise weekly rates as low as $9/Week [YES WEEK] so we figure the insurance is fungible in the cost of the car rental.
What bugs me in Mexico is that they do the rental in Mexican Pesos and always use an unfavorable rate when we close the contract which easily adds another 10% to the bottom line when converted to USD.
My understanding of the third-party liability auto insurance in Mexico,We have rented cars numerous times in multiple cities in Mexico [Cancun, Cabo, PDC] and every time were forced to purchase additional TPL [Third Party Liability] without which we could not rent the car. They try and push other insurance [Full-Coverage] which is optional which we always turn down. They DO NOT accept any CC insurance although we still pay with our Amex-CC.
We have adjusted to accepting the TPL as the cost of renting a car in Mexico as the Rental-Cost is almost nothing. E.g. 1-Week Mid-Size 75/Week + TPL: $18/Day = $126 works out to ~$200/Week.
Have seen big companies like Avis, Budget, Alamo, Fox advertise weekly rates as low as $9/Week [YES WEEK] so we figure the insurance is fungible in the cost of the car rental.
What bugs me in Mexico is that they do the rental in Mexican Pesos and always use an unfavorable rate when we close the contract which easily adds another 10% to the bottom line when converted to USD.
If you are in accident, or other situation where you are required to provide proof of TPL, failure to provide documentation is sufficient grounds for the police to conclude that you are operating the vehicle illegally. That can mean a trip to jail, and a suggestion that with the payment of some money the infraction can be settled on-site.
I agree . The couple of times we rented we rented from a local Avis location and took their TPL, as it was reasonably priced. But that was after shopping around Hertiz, for example, wanted about 5x as much for TPL one time where we were renting.All of the main auto rental companies like Avis, Hertz, Alamo, Budget and others are required to have the TPL on their rental cars in Mexico. If you are driving a rental car from an International franchise the police know that the car has the TPL.
What bugs me in Mexico is that they do the rental in Mexican Pesos and always use an unfavorable rate when we close the contract which easily adds another 10% to the bottom line when converted to USD.
We book the car online so the contract is in USD.If they do the rental in Mexican Pesos why do you have them convert to USD when closing the contract? If they closed the contract in Mexican Pesos then the conversion to USD would be performed by the credit card company at much more favorable rates.
STANDARD SUV | ||||||||||
Hyundai Tucson or similar | ||||||||||
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Supplemental Liability Insurance (SLI) Excess automobile liability insurance that protects you and all authorized drivers against third-party bodily injury and property-damage claims for which you’re legally liable Supplemental liability insurance:Optional supplemental liability insurance is available to extend the coverage of legal liability up to a maximum of MXN/5,000,000.00 The liability insurance limits the responsibility of the customer over damages it may cause to third parties or properties. An additional credit card approval of USD/800.00 will be required in addition to the estimated total for the rental. Deductible: $0.00 | $18.99/day |
Here's an example. Ace rent a car in Cancun airport for a week.
STANDARD SUV Hyundai Tucson or similar
7 days @ $27.03/day $189.21 16.0% VAT $30.27 ESTIMATED TOTAL $219.48
If you go into small print and read T&Cs, you will find this:
Renter Liability Protection (RLP)This protection plan is included in the rate.
All renters are required to have proof of liability insurance at the minimum legal level. This product meets the minimum liability requirement. RLP-Rental liability protection: Protects you against claims for injury/damage you cause to third persons/their property. It does not cover injury to you or damage to the rented vehicle. Property damage/public liability is included in accordance with law and covers up to MXN/750,000.00 in third party liability protection. An additional credit card approval of USD/2,500.00 will be required in addition to the estimated total for the rental. However, this basic coverage may not cover the full extent of your potential liability for personal or property injuries under the laws of the various states of Mexico in which the injury or damage may occur. For personal injury claims, a driver in many Mexican states may be liable for between MXN/2,000,000 to MXN/3,000,000 MXN pesos in liability, per occurrence. If you desire additional liability insurance protection to better protect you against the liability exposure for a particular state, Mex Rent A Car offers additional protection.
Deductible: $0.00
So it sounds like TPL is included and you total price will be USD $219.48, plus foreign exchange rate games, plus $2,500 hold on your credit card. Right? Wrong! They will not let you rent at this rate. They will make you purchase at least supplemental liability:
Supplemental Liability Insurance (SLI)
Excess automobile liability insurance that protects you and all authorized drivers against third-party bodily injury and property-damage claims for which you’re legally liable Supplemental liability insurance:Optional supplemental liability insurance is available to extend the coverage of legal liability up to a maximum of MXN/5,000,000.00 The liability insurance limits the responsibility of the customer over damages it may cause to third parties or properties. An additional credit card approval of USD/800.00 will be required in addition to the estimated total for the rental.
Deductible: $0.00$18.99/day
So the real minimum total will be USD $352.41, if you are lucky. Plus exchange rate games. If you are not so lucky, they will also make you purchase collision/loss damage waiver or refuse to rent you a car.