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Get the free Newsletter #22 August 16, 2011 Downey Association of REALTORS

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Newsletter #22 August 16, 2011, Downey Association of REALTORS 12073 Paramount Blvd Downey, California 90242 www.DAOR.com 562 861-0915 fax 562 923-9995 COMMERCIAL AGENTS: The National Haves and Wants
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You are responsible for arranging the rental payment of vehicles involved in traffic incidents, and the cost of all necessary repairs. You may want your agent to cover this charge. To enroll, please call or download the CARETS Client Application. To participate in the reimbursement program, please complete the appropriate Application online at the following links: Carbon ado, LLC's Reimbursement Program Rural Transportation Service (RTS) Please refer to the CARETS website for details on how to enroll your car rental company in the National Haves and Wants Reimbursement Program. Once you have enrolled, you will be able to monitor the status of your company on the Carols website and may obtain notification when a member of CARETS remounts or tows vehicles for your company. This notice also must be given after your car is totaled or damaged, to notify you of the need for reimbursement. The CARETS/RTS system also provides you with a method to verify the accuracy of a member's insurance claim after the vehicle has been towed and/or damaged. Should you know that a member's insurance company has submitted insurance claims for your rental car, you can check that claim status online using the Carbon ado Claim Status Notification system. If your car has been totaled or damaged, call your CARET member to schedule a tow and damage repair. The CARETS/RTS program is designed to help car rental companies reduce the loss and/or wear caused by the collision of a member car or vehicle. The program does not provide reimbursement for personal/medical costs to individuals, medical expenses incurred by passengers in the rental car, and damage to your vehicle. The CARETS program is not a substitute for an insurance policy. In some cases, your home or business might be the responsible party in a collision. There are limits to how much your insurance policy will pay. You should consult your insurance broker, insurance agent, or other source for any questions regarding collision and auto damage/loss coverage. CARETS has adopted the National Highway Traffic Safety Administration's (NHTSA) Standard 821.

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