Car Rental Insurance

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Car rental fees can sometimes hit you where it hurts. From insurance, to filling up the gas tank, what News 4 learned could help you save money and avoid a headache.

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“The battle of the car rental agencies is heating up after Dollar Thrifty’s (NYSE:DTG) shareholders said NO to a Hertz offer. Hertz (NYSE:HTZ) bid $1.46 billion to acquire the company. The deal would have valued Dollar Thrifty shares at about $51 a piece, based on yesterday’s closing prices. Avis Budget (NYSE:CAR) has offered Dollar Thrifty a slightly sweeter offer of $1.53 billion dollars and a $20 million dollar break up fee. The Hertz rejection may mean it’s attempt to acquire Dollar Thrifty is over, after Hertz said yesterday it would terminate the agreement if it did not win today’s shareholder vote. Shares of Hertz are now trading 8.5% lower. Dollar Thrifty is slightly higher. Avis is on the rise. SmarTrend is bullish on shares of Dollar Thrifty Automotive and our subscribers were alerted to buy on July 13, 2010 at $46.30. The stock has risen 8.8% since the alert was issued.”

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The paperwork hits the fan as the body shop and American Family Insurance continue their dispute over the cost of the tow truck rental.

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