car leasing options and car finance

What are the parties to rent a car?

If you rent the car was beaten and then ascended to New York insurance company, you have to continue paying for the car or what?

rent a car, you still need to buy your own car insurance policy. The concessionaire car or bank that is financing the car require you to buy collision and comprehensive coverage. You need to buy these securities, and other that may be required in your state, such as auto insurance liability. Collision covers damage to car crash with another car or object. Integral covers a loss that is caused by something other than a collision with another vehicle or object such as fire, theft or collision with a deer. The leasing company Financial may also require "gap" insurance. This refers to whether you have an accident and your leased vehicle is damaged beyond repair or "peaked" is likely to be a difference between the amount you still owe the auto dealer and the check you receive from your insurance company. Because the company insurance control is based on the actual value of the car that takes into account depreciation. The difference between the two amounts is called the gap "." In a rental car, the cost of gap insurance is generally rolled into the lease payments. Not really buying a policy of deficit. In general, the dealer buys a master policy of an insurance company that covers all leased vehicles and charges for a waiver "loophole". This means that if you reach your leased vehicle not pay the dealer the gap amount. Check with the rental car dealer, when his car.