Article: A new car-rental insurance plan

Until now, car renters had only two options in most states on collision-damage waiver insurance -- all or nothing.

A new three-tiered loss-damage program introduced by Alamo Rent a Car gives renters three additional choices that can offer protection

depending on the customer's own coverage or needs.

Under the Alamo plan, a $3 daily Waiver Saver 500 will relieve the renter of responsibility of the first $500 in damage (many car insurers today are opting for a $500 deductible on their own insurance to save money); a $6 daily Waiver Saver 3000 covers the first $3,000 in damage (a coverage Alamo says protects the driver for a deductible common in corporate travel insurance policies); and a $9 ...

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