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It is an agreement between car renter, or lessor, and car owner, or leasee, for a limited time use of a vehicle. Important in a car rental agreement is to clarify which party will carry the insurance of the vehicle. Explore the possibilities of offering short term insurance to your clients through a reputable insurance company. You also need to confirm what your state or country requires in terms of third party liability, comprehensive cover etc.
Sources-https://www.free-legal-document.com/car-rental-agreement.html
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