RENTING A CAR IN LORETO, MEXICO
You can rent a car at the Loreto Airport. Renting a car in Loreto is a wonderful way to have more freedom to see what Loreto has to offer. Renting a car in Loreto will also save you money that you would have spent on taxis.
We provided information on the typical price of renting a car in Loreto, along with how much insurance you should have on your rental car. The price of renting a car varies dramatically when auto insurance is included.
Renting a car in Loreto will make trips back and forth from Loreto Bay and the city a breeze. You can also use your rental car to check out San Javier Mision, Puerto Escondido and all the great food Loreto has to offer.
TYPICAL PRICE TO RENT A CAR IN LORETO
In Loreto, you can rent a car/truck which at first seems pretty cheap, $70.00 per week. But between insurance and taxes, the rental car cost goes up to about $550.00 per week. If you have a credit card that offers some insurance (See Collision Damage Waiver below) the price to rent a car in Loreto is about $380 per week.
AUTO INSURANCE MAKES THE PRICE GO UP SIGNIFICANTLY
Third Party Liability Insurance is mandatory when you rent a car in Loreto and costs about $125.00 per week.
Your US auto insurance does not matter and is not effective in Mexico.
This covers you in the event you caused the car accident and injured someone else.
Collision Damage Waiver and Theft Protection is not mandatory but you definitely need this and costs about $140.0 per week.
This covers you if you were at fault OR even if someone else was at fault while renting a car. Your rental car company does not care if someone else was at fault, they just want to get their vehicle running again and they do not want to wait for someone else's insurance company to pay them. Obtaining Collision Waiver avoids this risk. *There is a possibility that you cannot get on the plane before you settle out with the insurance company.
Certain credit cards offer this type of rental coverage if you use that card to pay for the rental car. Check with your credit card company to see if this applies. If you were involved in a car accident, the rental car company will probably want you to still pay for the estimated damages before you leave Loreto, Mexico using your credit card and then afterwards you will later be reimbursed by your credit card company that offered this rental insurance to you.
There may also be a deductible meaning you are responsible for paying the rental car company up to this amount.
Deductible Protection is not mandatory and costs about $70 per week. It reduces renter's Collision Damage Waiver-Theft Protection deductible to $0.
Taxes. Yep and they are pretty steep too. There will be around 34% in rental car taxes on top of everything you included, i.e. weekly car rental rate and insurances. If you included all the above insurances, you are looking about $150.00 per week.
RENTAL CAR COMPANIES IN LORETO, MEXICO
Here is a list of car rental companies in Loreto, Mexico. The first few car rental companies listed are actual rental companies that do business in Loreto, Mexico. These rental companies operate at the Loreto International Airport.
The next few listed are travel companies that can help set up a rental car in Loreto. Renting a car in Loreto is a great way to see what Loreto has to offer.