7/22/2023 0 Comments Avis budget corporate officeHowever, should need dictate the use of a rental vehicle, travelers should ensure they are familiar with local laws and regulations and insurance should be purchased for all international rentals (including visits to Canada, Mexico, Bermuda, Puerto Rico, and the Caribbean.) Statutorily required rental insurance must be purchased. Travelers are strongly discouraged from renting vehicles in most international destinations because of the significant safety and security risks. *MIT has a new corporate agreement with Enterprise Car Rental, please click here for further information. If a traveler rents a truck from Budget Truck Rental-MIT's preferred truck rental agency, and is involved in an at fault accident, an internal deductible of $1500 will be placed on the insurance claim and will be the responsiblity of the renter's department. If you purchase rental insurance when you rent a truck for MIT business the cost of the insurance is a reimbursable expense. *Please note that MIT's Budget Truck contract does not include insurance. However, if Budget or Avis is not chosen and the driver is involved in a single car accident, at fault accident or cannot identify the responsible third party, the department will be responsible for a $1500 deductible. In the event that an agency other than Budget or Avis is used, the MIT Office of Insurance self-insures the insurance (including Liability and CDW - physical damage coverages therefore, the optional insurance coverages should still be declined. ![]() ![]() However, there is an exception for Alaska where insurance is required and should be purchased. FSILG community organizations must purchase the collision and liability insurance offered by the rental car agency of their choice, or make appropriate arrangements to cover this exposure.Īll insurance coverage (including Liability and Collision Damage Waiver -CDW coverage), should be DECLINED when using a rental vehicle on MIT business. *The insurance coverage mentioned above is not extended to the Fraternities, Sororities, and Independent Living Groups (FSILG) community. *Please note when renting with Budget or Avis for leisure travel, insurance is not included. If the corporate code is not provided at time of rental the coverage will not be in place and a $1000 deductible will be placed on the claim. Please be sure to provide the rental agent with MIT’s corporate number when renting vehicles. Refer to the table below for specific coverages and corporate codes. Limit or waive MIT’s responsibility for damages to the rental vehicle in the event of a collision.Waive the standard rental agency condition that all drivers must be at least 25 years old.MIT has corporate agreements with both vendors that: ![]() MIT faculty, staff and students who rent vehicles for MIT-related business in the United States are strongly encouraged to use Budget or Avis rental agencies.
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