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In this video tutorial from Car Rental University, host Alex Witherow discusses managing insurance in private agreements related to car rentals. He advises viewers to download a PDF containing vital information for starting a car rental business. Alex shares his experience with private agreements, noting that while he used to manage multiple agreements, he prefers to limit them to one or two to avoid exhaustion from constant communication with drivers. He emphasizes the importance of selecting trustworthy drivers and mentions that he has made mistakes regarding insurance in the past, hinting at the complexities involved with insurance coverage in private rental scenarios.