Rental Car Business Insurance FAQs in Winter Garden, FL

Rental car businesses typically require several types of coverage:

Commercial auto insurance can cover your rental business’s fleet against various incidents, including collisions, theft, vandalism and severe weather.
Garage liability insurance can assist with claims involving third-party bodily injuries and property damage occurring at your place of business.
Commercial property insurance may help pay for damages involving your business’s nonvehicle, tangible assets, such as its buildings, tools, equipment and electronics.
Workers’ compensation insurance is often required by law and can help limit financial losses if staff are injured on the job.
Business interruption insurance may compensate your company for lost income if a covered incident, such as a fire, forces a temporary closure.
Commercial umbrella insurance can provide extra liability protection beyond standard policies for particularly costly incidents.

While commercial auto insurance can cover vehicles used for business purposes (e.g., delivery vans or company cars), rental car business insurance generally refers to several types of policies aimed at addressing the unique risks of your operations. It can include coverage for many possible incidents, including those that may not be related to your rental vehicles, such as if a customer is harmed while visiting your offices.

In some cases, yes, but exact coverage capabilities depend on your policy. Many rental car business insurance plans can include physical damage coverage for vehicles, even when rented. However, you may need to add renter liability waivers or require renters to purchase supplemental insurance to establish sufficient financial protection.

Question: What Factors May Affect My Business’s Insurance Rates?
Answer: The following aspects of your business may often influence premiums:

Fleet size and vehicle types
Location and accident history
Claims history
Safety protocols and renter screening
Coverage limits and deductibles