Can You Use Your Credit Card To Provide Rental Car Insurance?
When you rent a car you will have to pay for the rental with your credit card. Most people do not know that your credit card can pay for at least some of your car rental insurance.
When you rent a car, there are four types of car rental insurance that you need to know about. Some of these may be covered by your personal car insurance policy, by your home owner or renter policy, or by your health insurance. Additionally, you may find out that your credit card may pay for some of your rental car insurance. The four types of insurance coverage are: (1) Liability Insurance; (2) Comprehensive and Collision Coverage; (3) Personal Accident; (4) Personal Property.
Some credit card companies, especially the Gold and Platinum cards, will pay for your comprehensive and collision coverage. Typically, credit card companies will not pay for liability insurance, or other coverage. So you will still need to either pay for this additional coverage or check with your personal auto insurance agent to see if you are covered.
If your credit car does provide for car rental insurance, it may not provide all of the coverage that you need, or provide coverage for the vehicle that you are renting. Some luxury vehicles and SUVs are not covered. Also, some credit card companies only pay for the deductible for your personal auto insurance coverage. Some credit cards will not cover a teenage driver, or if you have other high risk factors. You need to check with your credit card company to find out what your coverage is. Call the 1-800 number on the back of your credit card to find out what coverage is provided.
The following are the various types of coverage you will need if you rent a vehicle:
Supplemental Liability Insurance: Car rental companies are required to provide the minimum liability insurance and this is included in your rental agreement. However, this basic level will not provide you with sufficient coverage if you are involved in an accident. You can purchase additional supplemental insurance from the car rental company. Typically, your personal car insurance policy should provide the coverage you need when you rent a vehicle. Your credit card will not provide this coverage.
Collision Damage Waiver: This covers damage to the rental vehicle if it is involved in an accident or is stolen. Many Gold or Platinum credit cards will offer this coverage, but it varies from card to card. You need to check with your credit card company.
Personal Accident Insurance: if you have an accident, personal accident insurance will cover medical benefits. You may be covered under your health or life insurance policies, as well as covered under your personal auto insurance policy. Depending on the state you rent your car in, some states required the car rental company to provide this insurance at no additional cost. This will not be covered by your credit card.
Personal Effects Coverage: This covers the theft of your personal things from the car, such as your luggage or laptop computer. You may be covered under your home owner or renter insurance policy, check with your agent before you make your trip. This may be covered by your credit card, if you purchased the items that were stolen with the credit card.
If you do not own a car, or if you own an older vehicle, you will need to get rental car insurance to provide you with the coverage that you need. However, the amount of coverage and types of coverage that you need may be reduced if you pay for your car rental with your credit card. Just keep in mind, you probably need additional coverage if the only coverage that you have is what is provided by your credit card. However, the coverage that you can get from your credit may save you up to $20 a day. So it is definitely worth looking into.
At http://www.car-rental-ins.com/ we show how to use credit card rental car insurance and other methods to help you save money.
Chicago Rental Car Insurance
Chicago rental car insurance is an agreement whereby the Chicago insurer promises to pay for accidents in exchange for a mont...
Rental Car Insurance
Everyone insures his or her own car. Not only because it is mandatory by law in most states, but also because it offers compe...
Rental Car Accident - The Process and Your Rights
Getting into a rental car accident could be frustrating. Usually you are in a city that you do not know, a state with laws th...
Truck Rental Options for Everyone
For those do-it-yourself movers, truck rental is one way to get you and your stuff moved across town or across the country wi...
Non-Owned Auto Liability Insurance
We all are quire familiar with taking an insurance policy on our own car, but does something like this exist for a rented car...
Rental Moving Trucks
Relocating to a new home or office is virtually impossible without the services of rental moving trucks. Renting a truck is a...
Truck Rentals
When the time comes to relocate to a new home or office, whether across town or across the country, renting a truck is the be...
How to Save Money and Get Discount Automobile Insurance in Vermont
Motorists in the state of Vermont must have liability and uninsured motorist coverage on their car insurance policy. They als...
Auto Insurance Quote - Do You Have The Right Coverage
In your auto insurance quote, your coverage is very important. Find out how to get the right coverage.Many motorists or drive...
Auto Insurance - Making Claims Easier
When people are involved in auto accidents, the first reaction is to panic. This does not help you at all especially if you h...
Truck Rental For Moving Home
Nearly all of us have to move house at one time or another and to do so we need to employ a removal company or hire a van or ...
Car Insurance Quote
Car insurance refers to a promise of reimbursement made by an insurance company to the insured, in the event of loss due to t...
Cheap Car Insurance In New York
Are you looking to buy cheap car insurance in the most expensive city in the world? As car drivers, we understand that it is ...
Cheap Car Insurance in Tucson, Arizona
As with most major cities, Tucson, Arizona has its fair share of fatal car accidents. In recent years the number of fatalitie...
The Other Side of the Truck Rental Coin
When you say truck rental, the biggest majority of us instantly think of a move it yourself truck rental company such as U-Ha...
Car Insurance For An Antique Car - Route To Get Antique Car Insurance
Besides their needs, certain people reinstate antiques car as a leisure Pursuit. These antiques car also require insurance co...
Good Reasons Why A Furniture Rental May Make Good Cents!
How often have you bought something only to decide a month or two later that it just doesn't fit your lifestyle, or the color...
Car Insurance Quotes
Every year, we see the rise of automobile expenses. This causes automobile insurance quotes to climb in response. Vehicle rep...
How to Compare Low Cost Automobile Insurance in Vermont
When you are looking for a new automobile insurance company in Vermont youre going to consider a few different prospects. Tha...
How to Get Affordable Automobile Insurance in Montana
One of the most important things to remember when driving is to keep your eyes firmly planted on the road ahead of you. This ...