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- Newsgroups: ne.general
- Path: sparky!uunet!pageworks.com!world!grady
- From: grady@world.std.com (Dick Grady)
- Subject: Re: Cheap Insurance Rates??
- Message-ID: <BxwDtJ.KL6@world.std.com>
- Organization: The World Public Access UNIX, Brookline, MA
- References: <1992Nov13.191114.10872@athena.mit.edu> <BZS.92Nov14225420@world.std.com> <1992Nov15.210422.8814@spdcc.com>
- Date: Wed, 18 Nov 1992 05:56:06 GMT
- Lines: 16
-
- In article <1992Nov15.210422.8814@spdcc.com> rbraun@spdcc.com (Rich Braun) writes:
- >bzs@world.std.com (Barry Shein) writes:
- >>Even at $50/day with the LDW ...
- > ^^^
- >There's a reason for that acronym, which stands for Limited Damage Waiver.
- >It's *not* insurance. If you don't have your own personal car insurance,
- >I don't think you have any liability insurance when driving a rental car,
- >nor can you easily buy it for short-term needs. So, make sure you have no
- >assets against which a claim might be made.
-
- Actually, rental cars come with liability insurance. First off, most
- states require it. Further, in case of a accident, the other party will
- sue both you and the rental company, and the rental company has much
- deeper pockets than you do.
- --
- Dick Grady grady@world.std.com
-