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A rental agreement is the contract between you and the car hire company. It sets out the terms and conditions of the rental. You’ll sign it before they hand over the car keys to you.
When you’re keen to get on to the road as fast as possible, it’s tempting to simply sign what you’re given and not give the rental agreement a second thought. But it’s worth taking a few minutes to check what you’re signing, to avoid unexpected hassle down the road.
You sign the rental agreement to record that you’ve read, understood and agreed to all the conditions of renting the car. The agreement will also explain the penalties you will face for breaching the conditions.
Once you’ve signed the rental agreement, you’ve agreed to be liable for the car during your rental.
Sources-https://www.rentalcars.com/en/guides/licence-paperwork/whats-a-rental-agreement/
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