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The Clark Howard Podcast

5.30.19 State licensing requirements are hurting competition; The scoop on rental car insurance

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 30 May 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Arizona is making it easier for people that move there to start a business in the state. Clark says that other states should follow suit; Are you actually covered by rental car insurance? Are there other ways to get insurance on a rental vehicle more inexpensively? Clark discusses. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Great to have you here on the Clark Howard Show where it's all about you and that wallet

0:10.4

of yours.

0:11.4

Want you to learn ideas to me so you can keep more of what you may.

0:15.9

Our main website, Clark.com, our deal site, ClarkDiels.com.

0:22.1

Coming up later, you're at the Car Rental counter.

0:25.2

Many people only rent a car, maybe once a year during the summer vacation.

0:30.4

And they ask you all these questions about insurance.

0:33.1

Give you dire warnings if you don't buy from them.

0:36.6

What should you know before you go and what should you do with the counter?

0:41.5

I'm going to tell you later.

0:44.1

So there's something that first started coming available in various cities three years

0:52.6

ago.

0:54.2

It was where you, if you have a home and you're looking to sell it, you could get an offer

1:02.9

from a big buyer back by a big Wall Street money that would run a computer analysis, decide

1:13.2

what they thought your home was worth, make an offer to you.

1:18.3

And if you were interested, send an inspector to check the condition of your house and then

1:23.0

bam, they guarantee it, they buy your house, you're out.

1:27.1

And you decide how quickly you want to get out.

1:29.3

You're done.

1:31.5

And a lot of people are so rattled by the whole process of putting a home for sale that

1:39.0

I believe this was going to be a huge business.

1:44.4

So has it in three years become a huge business?

...

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