What is Theft Protection Insurance (TPI)?
A Theft Protection Insurance (TPI) is an agreement by which a rental company agrees not to hold the renter responsible for theft but the renter should carry the responsibility if s/he violates the conditions such as leaving the vehicle in an empty area, forgetting the key inside the car, leaving the car unlocked or any kind of carelessness; therefore, the rental company has the right to charge the renter for any loss or damage that may be caused due to carelessness. So any failure to meet the stated agreement would result in readjustment of the rental charges. 20.
