59.1-207.31 - Required notice. - Virginia Statutes

§ 59.1-207.31. Required notice.

A. No lessor shall sell or offer to sell to a lessee a collision damagewaiver as a part of a rental agreement unless the lessor first provides thelessee the following written notice:

NOTICE: THIS CONTRACT OFFERS, FOR AN ADDITIONAL CHARGE, A COLLISION DAMAGEWAIVER TO COVER YOUR RESPONSIBILITY FOR DAMAGE TO THE VEHICLE. BEFOREDECIDING WHETHER TO PURCHASE THE COLLISION DAMAGE WAIVER, YOU MAY WISH TODETERMINE WHETHER YOUR OWN VEHICLE INSURANCE AFFORDS YOU COVERAGE FOR DAMAGETO THE RENTAL VEHICLE AND THE AMOUNT OF THE DEDUCTIBLE UNDER YOUR OWNINSURANCE COVERAGE. THE PURCHASE OF THIS COLLISION DAMAGE WAIVER IS NOTMANDATORY AND MAY BE WAIVED.

B. Such notice shall be made on the face of the rental agreement either bystamp, label, or as part of the written contract, shall be set apart inboldface type and in no smaller print than ten-point type, and shall includea space for the lessee to acknowledge his receipt of the notice.

(1988, c. 349.)