Rent reimbursement coverage pays all or part of the cost of a. Towing and labor coverage pays for towing your vehicle to a repair shop after a. When repair costs exceed the value of the car, for example, more than 70 percent, the insurance company will normally tow the car to a junkyard and reimburse you for the cash value of the vehicle so that you can buy a new car. When adding this coverage to your policy, or if you need to use it, consult your insurance company or insurance agent before signing a rental agreement.
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