A Primer On Collateralized Debt Obligation (CDOs) A collateralized debt obligation, or CDO, is a structured financial product backed by a pool of loans. When a retail or commercial bank approves loans such as mortgages, auto loans or credit ... ETFs & Mutual Funds.
Insurance and Mileage. You can never determine for sure how much your total costs will be. When you rent a truck, you will incur other fees such as insurance. The liability insurance is $15 per day, and full coverage is $29 per day. The insurance is optional. The insurance you have on your own car may cover the truck. U-Haul will also charge you for each mile, and the price can vary.
As long as all drivers are qualified, swapping the driving duties doesn't add even a fraction of a penny to the rental company's cost or risk. But that doesn't stop those companies from hitting you with an extra-driver charge of up to $13 per day, per driver, sometimes with a minimum charge of more than $90 per driver.Work-Around: California prohibits extra-driver charges, and New York caps them at $3 per day.ere's how much: A car-rental company once informed travel agents that it could offer clients an unbeatable rate -- $0 per day -- provided only that the clients bought insurance. Even though rental companies sometimes call their policies insurance, technically, they're not.