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Old Aug 26, 2012 | 8:43 pm
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jackal
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Originally Posted by bocastephen
By self-insured, I was referring to the corporations these codes are setup for. The poster claimed a company would be left paying the bill for damage to a rental car rented under their code, and that is not really correct.
Ah. Regardless, the company that is issued the code by the rental agency never sees the bill for anything. The benefit is extended by the rental agency in exchange for either a high volume of business or a slightly higher base rate chosen by the company who contracts with the rental agency. The rental agency does not pass through any damage charges or liability exposure when a code that includes these benefits is used. It is absorbed by the rental company.
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