Adjusting Rented/Leased Veh Clms
Monday, July 15th, 2002 Auto LiabilityThe best claim people are insatiable in their need for facts — a good trait for adjusters who handle automobile damage claims involving rented or leased cars and trucks. Even though the average car rental agreement is dull reading, it contains much of the information that an adjuster needs to successfully settle a claim. Its complexities should be studied and understood by adjusters who are handling claims involving rented vehicles. In one area, vehicle rental or lease contracts are the same. Renters are contractually responsible for liability or damage arising out of their use of the vehicles. Businesses whose employees drive rented cars in the course of business face financial loss, either directly, through contractual liability if the vehicle is rented in the name of the business, or indirectly, through vicarious liability for the actions of their employees in the course of their employers’ business.
