NAII US Arizona Bill benefit Car Rental Cos. to increase other blankets car
According to the National Association of Independent Insurers, car rental companies would be the only beneficiary of a draft law on transfer of liability insurance now in the legislative authority Arizona.
According to the laws, regulations Arizona - and the laws of most states - The owner of a rental car must be maintaining liability insurance on the vehicle and insurance meets first in the case of ‘an accident. The tenant is in the insurance business too much coverage.
The NAII said that 2072 would be reversed Arizona HP’s longstanding rental car insurance Flip-flop Ping the need for a rental car is the owner of liability insurance coverage is a primary driver of insurance and protection is secondary.
“This is the law on expenditures for the rental agency car and the rising cost of auto insurance for consumers to protect Arizona,” Local NAII Counsel David Childers wrote in a letter legislators to discuss this problem. “More specifically, it would be the cost of car rentals responsibility for the loss of the car on the driver’s seat, the insurance policy.
If these legislative progress, Enterprise car rental is the only store in this state is not required for primary liability insurance on their vehicles, Childers said. ”
Drivers, cars rent estimate the cost of liability coverage is part of their rent. HB 2072, the costs of car rentals responsibility for the coverage of rental cars for all motorists, purchases of private automobile transportation, insurance, regardless of whether they rent cars in the Arizona, after Childers.
“There is strong public policy to require that the business unit responsibility for coverage of their own vehicles,” said Childers.
The Arizona House Insurance & Financial Institutions Commission heard the arguments, including NAII testimony on the legislation today. It is not expected to vote on the measure until next week.
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