516D.5 Recovery for damage or loss. A claim against an authorized driver resulting from damage to a rental vehicle, loss due to theft of a rental vehicle, or damages resulting from the loss of use of a rental vehicle, must bereasonably and rationally related to the actual loss incurred. A rental company shall mitigatedamages where possible and shall not assert or collect any claim for physical damagewhich exceeds the actual cost of the repair, including all discounts or price reductions.Administrative fees shall be limited to the reasonable administrative costs associated withprocessing the damage claim. A claim made for loss of use shall not exceed the daily rentalrate stated in the customer’s contract, excluding optional charges, multiplied by the total ofthe estimated time for replacement and the estimated time for repair, divided by eight. 91 Acts, ch 204, §5 Sat Dec 23 00:50:11 2023 Iowa Code 2024, Section 516D.5 (15, 0)
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