Originally Posted by klanfa

This is an old thread, but IIRC from the terms (Hertz at least) they say they will provide state minimum liability insurance but reserve the right to go after the renter to pay them back whatever the cost of liability was to them.
So essentially one does not have insurance provided by the rental agency. Some others might not have the clause of going after the renter to recuperate all the costs but Hertz sure does.