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How Long Can You Keep A Rental Car Before They Report It Stolen?

Renting a car comes with freedom and ease of travel. Yet people have their doubts and questions about the process. One such question is how long can you keep a rental car before they report it stolen.

While no one wants to keep the car longer than the rented period, things happen, and sometimes, it causes delays in returning the rental car. Thus, it is one of the most common questions asked by people renting a car, especially for the first time. If you are also looking for an answer to this question, keep reading to find the answer.

Car Rental Agreement And Its Terms & Conditions

One should review all the terms and conditions outlined in the car rental agreement. This contract is a contract between the renter and the car rental company. It details the rights and obligations of the renter all through the rental period. Let's take a glance at some of the key terms of this contract that you need to know:

Insurance Cover

Insurance cover offers coverage against any damage or theft of the rental car. Most car rental service providers have such coverage in their rental agreements. However, the renters need to learn what will be covered under this insurance. They should also be wary of whether any add-on cover would be required.

Rental Period

This is the duration for which you will be taking the rental car. The period generally begins when you pick up the car key and ends when you return it to the provider.

Specific Rules

The rules listed in the rental contract are set by the rental company. These rules regulate the usage of their vehicles. They address aspects like fuel requirements, insurance, and mileage limitations. Moreover, they also include any potential charges or fines.

Do You Need To Deposit A Security Amount Before Renting A Car?

Of course, the car rental company will ask you to keep something as a deposit while renting a car. They want a deposit amount so they can avoid losing any money in any problematic situation. If you are late to return the vehicle or it is damaged, the company may keep some portion or all of your deposit. How much deposit you pay depends on the type of vehicle, the location, and the rental company.

Note: If you pay for the rental deposit with a credit card, ensure the card shows the main driver's name. Plus, the card should have a 6-months validity after the drop-off. It should also have sufficient funds to cover the deposit amount.

Also Read: What Happens if you Crash a Rental Car Without Insurance?

What Is The Time Restriction To Keep A Car Rental?

When you get a car to rent from any rental company, you will get a set return date and time. All these will be based on the specifics of your booking. If you cannot return the car on time and do not notify the rental company, they might consider it overdue.

The return date usually becomes a deadline to bring back the car, and there will be no added charges or penalties. So, it is wise to go through the rental contract first to determine the consequences of surpassing the specified rental duration. Mostly, the car rental companies let the renters keep the rental cars for up to 30 days before they are deemed overdue. This is the standard return time, and it'll give you enough time to complete your journey or address your commuting needs.

If you need a car rental for more than this time limit, you may get extended rentals or long-term rentals. Such arrangements are best for those who may want a car on rent for some weeks to months. For this, you can share your requirements with your rental service provider.

Will A Rental Company Wait Before Filing A Report?

If a person hires a rental vehicle and does not return it on time, the company will report it stolen. However, how long they will wait before filing the report may vary. In most cases, the rental companies generally wait for a day or two before reporting their vehicle stolen. They may, although, file the report as soon as the expiry of the rental contract.

More often than not, the waiting period on your credit card ends after 48 to 72 hours. The rental company will run your card through as you return the vehicle.

How Much Penalty Will Be Charged For Exceeding The Return Limit?

The penalty for exceeding the return limit will vary from company to company. If you return your rental car late, you may be liable for paying the extra cost that the company incurred in arranging an alternative vehicle to satisfy their next booking.

Some rental companies also give a grace period if you return the vehicle after the specified rental period. The grace period generally lasts for 29 minutes for daily rentals. If the renter returns the vehicle 2 hours beyond the given time frame, you will have to pay an extra day of rental.

How Can You Prevent A Rental Car Theft Situation?

Regardless of how careful you are or where you take your rental vehicle, you should consider some safety measures. If you do not want to be a victim of any theft or burglary, follow these tips:

  • Never leave your vehicle unattended for long.

  • Always keep the doors of the car locked.

  • Keep your valuables hidden or out of sight of the robbers.

  • Make sure that windows are fully rolled up

  • Do not park the vehicle in places with poor lighting.

Conclusion

Car rental can be cheaper and more convenient than a taxi or any public transportation service like bus or train. While driving through, you can exceed your travel limit and explore more places in a rented car. When you think of renting a car, keep in mind the return period. Do read the rental agreement or contract before signing it. Review all the rental car returning period rules to learn the possible repercussions of exceeding the limit. We hope that whatever we have discussed above proves to be insightful.

Are you looking for a trustworthy rental car service for your upcoming vacation? Count on Bon Voyage Car Rentals for clean and affordable rental cars. Our fleet of cars includes popular SUVs, Luxury Cars and Economic cars. Thus, no matter what your travel requirements are, you can find the right rental car with us with no hidden charges. For any queries, contact us at 202 696 6487 today.