The 10% Car Rental Deductible in Mexico

[WorldT]

Here is an example of a fuzzy math. As already mentioned on this forum, there are my coverages sold to car renters in Mexico with a 10% deductible.
When I read the details clearly, I noticed it is 10% of the VALUE of the CAR. Not 10% of the cost of the damage as it is done in the USA.
So if you have a damaged wheel and you have this coverage, the rental company that sold it to you will accept that you have coverage (technically liability waiver). But because the cost to replace a damaged wheel is always going to be less than 10% of the value of the whole car, you are 100% always going to be responsible for any damage to the car. Unless of course you completely wreck the car.
To add to the above, if you have a reservation that has the above waiver, your credit card will also refuse to reimburse you as you did not decline the coverage.

 

[easyrider]

We usually decline the rental car insurance coverage. In Mexico we reserve from the rental cars website and decline all coverage. They do place a hold on our credit card to pay for a deposit because we declined their insurance. I thought it was 10% of the value of the car but I think it's a deposit based on car class.

What I always thought was odd is Mexican car rental insurance has a deductible and credit card coverage which is basically free doesn't.

Bill

 

[davidvel]

Same as when you rent a boat in the U.S.