The consequences of a claim vary depending on the clauses included in the rental contract taken out. Therefore, it is necessary to determine the guarantees and exclusions provided for in the rental contract.

Short term rental Insurance

The lessor provides you with an insured vehicle and the supporting documents. The price of this insurance is generally included in the rental package.

It covers material or bodily damage that the driver or passengers may cause to third parties in the vehicle. It also covers damage to passengers in the vehicle.

Please note that the lessor may provide for exclusion or forfeiture of the guarantee if the lessee cannot present the keys to the vehicle in the theft case. However, be mindful that the clause of the law must come in a rather conspicuous character. Otherwise, it is considered null.

Tip: the consequences of a claim vary depending on the clauses included in the rental contract taken out. Therefore, it is necessary to determine the guarantees and exclusions provided for in the rental contract.

What additional guarantees?

Renters offer additional guarantees to cover bodily injury to the driver or material damage to the rented vehicle.

For other damages such as theft or broken glass, there is often a very high deductible. If the lessor offers it, the lessee can always take out a guarantee allowing part of the excess to be taken over.

Advice: do not hesitate to ask for the amount of the deductibles. Also, watch out for duplicates. Some contracts extend their guarantee: for example, a guarantee for damage caused to the rented vehicle can extend to the vehicle’s theft.

If you have paid for your rental with a “prestige” card such as Visa Premier or Mastercard Gold, the excess is already covered. (franchise buyback insurance).

Advice: before refusing the rental company’s additional guarantee offer, check the extent of the coverage of your credit card contract as well as the conditions of its implementation.

Is there an imitation of certain types of vehicles? Is theft covered? Likewise, some contracts require the cardholder to be one of the drivers listed in the rental contract.

Vehicle repair

The lessor disputes the assumption of responsibility by invoking a forfeiture or exclusion of guarantee. If these exclusions do not appear clearly in the contract, they are considered void.

Up to the lessor, it would be the lessee’s duty to show that they have been adequately advised of the absence of a warranty. Otherwise, he (the landlord) cannot impose the sum of maintenance he couldn’t.

Rental between individuals

– Via a specialized company

The company ensures the vehicle during the rental period.

These companies often offer, in addition to mandatory third-party liability, damage insurance for all accidents. Compensation ceilings, as well as a deductible, are generally provided for.

It is important to find out about the company’s insurance: does it include an assistance guarantee in a breakdown? Are all drivers covered? Are there conditions (age, seniority) to be covered? Are all vehicles covered?

In the case of a lawsuit, please consult with the company and determine what needs to be done.

Rental without intermediary

If you already have the car, call your insurance company and get an adapted policy so that you’re able to rent out the car. In the event of a claim, the owner will have to declare it to his insurer.

Compensation/rental between individuals

In all cases (rental via an intermediary or not), compensation for material damage suffered by the vehicle will be covered according to the established responsibilities and the contract’s guarantees.

The insurer will not cover material damage to the vehicle if the driver’s liability is established. The contract does not include vehicle damage cover (damage from all accidents, collision damage).

The bodily injuries of passengers are compensated under the compulsory third party liability cover unless they have committed an inexcusable fault, the sole cause of the accident.

Concerning the injured driver, when he is at fault, he will be compensated for bodily injury suffered if the contract includes such a guarantee.

Long term rental

Definition

A long-term car rental is a contract by which a lessor makes a specific vehicle available to the tenant for a given period and an agreed mileage and collects it at the end of said period.

Unlike LOA or LEASE, car-buying is NOT the purpose of the contract, although increasing the number of leased vehicles. The vehicle’s provision is accompanied by vehicle maintenance, insurance, or even the installation of a fuel card.

From when is a contract said to be long-term?

There is no precise definition of the period to which a rental contract is estimated to belong. The Highway Code retains as a reference two years and more.

Advantages

– Control of the budget for the tenant because the rent is the same every month.

– Complete maintenance of the vehicle included in the contract and sometimes insurance, which allows you to drive in complete serenity without worrying about possible costs related to the vehicle.

Insurance

– The lessor may require the lessee to take out damage insurance.

Reparations for people who get injured or robbed from a certain commodity.

– Damaged and repairable vehicles: insurer covers repairs up to the amount of VRADE. In general, contracts provide for a mandate allowing the tenant to have repairs carried out

– Stolen or irreparable vehicles: to declare the vehicle irreparable, the value taken into account remains the VRADE. Compensation is paid up to the insurance value. Generally, leases are bound by their contracts with auto lessors to guarantee the car’s financial value.

– In the event of an economically irreparable Vehicle, the lessors generally reserve the right to transfer the wreck to the insurer in the event of a total loss.

This legislation protects responsibility in the case of fire in a long-term rental vehicle causing harm to other cars: the rental contract holder, who has become the custodian of the vehicle responsible for compensating victims.

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