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Should you get insurance to rent out a car?

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(@integrityinsurance)
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Hello everyone, My friends and I have planned a trip from Perth to Melbourne, and we are really excited about it. We plan to rent a car, but one of my uncles told me that it is not as cost-effective as it may seem. He further informed me that many companies would force me to opt for vehicle insurance of some sort. I have never rented a car before. I just want to know whether it is mandatory or not. Should I opt out? I would appreciate all of your opinions!


   
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