Car Rental Insurance May Be Worthwhile After All
Vehicle rental insurance has gotten a really bad rap. Is it overpriced? Sure. Is it a good way for car rental companies to turn an extra profit? Definitely. Is it really necessary? Maybe.
SmarterTravel.com has an interesting post on the merits of rental insurance, calling for a paradigm shift in our society’s conventional thinking. That article provides a comprehensive list of details to consider before deciding to decline rental insurance.
As it pertains to credit cards, many people think their credit card coverage is adequate. However, if your credit card offers rental car insurance, it may be secondary coverage. This means it covers the difference after your primary insurance has paid all it will toward the damage.
Your credit card’s rental insurance, even if it is comprehensive, may not cover extra fees the rental car company can tag on. These could include administrative fees, etc.
American Express and Diners Club provide rental car insurance in most countries. If your Visa or MasterCard provide rental coverage in the U.S., you’ll be covered in foreign countries as well. The article points out that American Express’ Premium Rental Car Protection is a good way to get coverage above and beyond that company’s usual secondary rental insurance coverage.
April 11th, 2008 at 11:32 am
[…] Weak Wallet .com wrote an interesting post today onHere’s a quick excerptCar Rental Insurance May Be Worthwhile After All By Hayli Morrison | April 11th, 2008 Vehicle rental insurance has gotten a really bad rap. Is it overpriced? Sure. Is it a good way for car rental companies to turn an extra profit? Definitely. Is it really necessary? Maybe. SmarterTravel.com has an interesting post on the merits of rental insurance, calling for a paradigm shift in our society’s conventional thinking. That article provides a comprehensive list of details to consider before deci […]
April 11th, 2008 at 11:42 am
[…] Car Rental Insurance May Be Worthwhile After All Car Rental Insurance May Be Worthwhile After All By Hayli Morrison | April 11th, 2008 Vehicle rental insurance has gotten a really bad rap. Is it overpriced? Sure. Is it a good way for car rental companies to turn an extra profit? Definitely. Is it really necessary? Maybe. SmarterTravel.com has an interesting post on the merits of rental insurance, calling for a paradigm shift in our society’s conventional thinking. That article provides a comprehensive list of details to consider before deci […]
April 11th, 2008 at 12:44 pm
[…] Car Rental Insurance May Be Worthwhile After All Car Rental Insurance May Be Worthwhile After All By Hayli Morrison | April 11th, 2008 Vehicle rental insurance has gotten a really bad rap. Is it overpriced? Sure. Is it a good way for car rental companies to turn an extra profit? Definitely. Is it really necessary? Maybe. SmarterTravel.com has an interesting post on the merits of rental insurance, calling for a paradigm shift in our society’s conventional thinking. That article provides a comprehensive list of details to consider before deci […]