If you’re renting a car you may be asked to make a deposit. This is usually in the form of a credit card authorization hold. The deposit is used to cover any damages that may occur during the rental period.
The amount of the deposit varies depending on the rental company the type of car you’re renting and the length of the rental period. For example Fox Rent A Car charges a $200 deposit for most economy and compact cars $300 for midsize and fullsize cars and $500 for premium and luxury cars.
Some rental companies may also require a deposit if you’re under a certain age have a poor credit history or are renting in a high-risk location.
If you’re asked to make a deposit be sure to read the rental agreement carefully so you understand what it covers and what your responsibilities are. You may also want to ask if the deposit is refundable if you don’t damage the car.
What is a fox rental car deposit?
A fox rental car deposit is a type of insurance that you can purchase from a rental car company that will cover any damages that occur to the rental car while it is in your possession.
Why would I want to purchase a fox rental car deposit?
A fox rental car deposit can give you peace of mind in knowing that you will not be responsible for any damages that occur to the rental car while it is in your possession.
How much does a fox rental car deposit cost?
The cost of a fox rental car deposit varies depending on the rental car company and the amount of coverage you purchase.
Do all rental car companies offer fox rental car deposits?
No not all rental car companies offer fox rental car deposits.
How do I purchase a fox rental car deposit?
You can purchase a fox rental car deposit from a rental car company when you reserve your rental car.
What does a fox rental car deposit cover?
A fox rental car deposit covers any damages that occur to the rental car while it is in your possession.
What doesn’t a fox rental car deposit cover?
A fox rental car deposit does not cover any damages that occur to the rental car if you are at fault for the accident.
I was in an accident and the other driver was at fault will my fox rental car deposit cover the damages?
Yes your fox rental car deposit will cover the damages if the other driver was at fault.
I was in an accident and I was at fault will my fox rental car deposit cover the damages?
No your fox rental car deposit will not cover the damages if you were at fault.
Do I need to purchase a fox rental car deposit if I have my own insurance?
No you do not need to purchase a fox rental car deposit if you have your own insurance.
Do I need to purchase a fox rental car deposit if I have a credit card that offers rental car insurance?
No you do not need to purchase a fox rental car deposit if you have a credit card that offers rental car insurance.
What if I damage the rental car and I don’t have a fox rental car deposit or my own insurance?
If you damage the rental car and you don’t have a fox rental car deposit or your own insurance you will be responsible for paying for the damages.
What if I damage the rental car and I have a fox rental car deposit?
If you damage the rental car and you have a fox rental car deposit your fox rental car deposit will cover the damages.
What if I damage the rental car and I have my own insurance?
If you damage the rental car and you have your own insurance your insurance will cover the damages.
What if I damage the rental car and I have a credit card that offers rental car insurance?
If you damage the rental car and you have a credit card that offers rental car insurance your credit card insurance will cover the damages.
