Rent-A-Wreck Announces Partnership with Hilb Rogal & Hobbs Company

OWINGS MILLS, Md.--April 9, 2004--Rent-A-Wreck of America (RAWA) announced today that it has retained Hilb Rogal & Hobbs Company, the world's 10th largest insurance and risk management intermediary, to manage RAWA's captive insurance company.

Together with AIG, Hilb Rogal & Hobbs offer Rent-A-Wreck franchisees a complete portfolio of insurance products.

Rent-A-Wreck President Ken Blum, II, stated, "Certainly HRH is highly regarded within the insurance industry, and I believe HRH and AIG give us one of the strongest vehicle rental insurance programs in our industry."

Rent-A-Wreck is celebrating its thirtieth anniversary since its founding by a Southern California entrepreneur, and is a cost-conscious used car rental alternative to the larger car rental agencies. Rent-A-Wreck has over 400 car rental locations in the U.S. and in Scandinavia, and Rent-A-Wreck can be found online at www.rentawreck.com