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Budget offers several types of optional car rental insurance coverage to protect you. Learn about our rental car insurance options and protection plans.
It earns valuable American Express Membership Rewards points, which can be transferred to airline and hotel loyalty programs for massive value. It also provides value through statement credits and a merchant offer each year. Not bad for a $325 annual fee (see rates and fees). But one of its best perks is the Amex Gold rental car insurance*. It can save you a lot of money at the rental agency. ...
Rental car insurance provides coverage while driving a rental car and is obtained via one’s personal policy, rental car companies or credit card benefits.
Vault’s Viewpoint on Chase Sapphire Preferred Rental Car Insurance ; The rental car benefit doesn’t cover your personal liability while renting the car, so you’ll need to use your own car insurance or the rental agency’s liability protection to have that coverage. Check your cardmember agreement for exactly what is and isn’t covered by this benefit. To get this rental car coverage, you must be a Sapphire Preferred cardholder. Coverage is automatic if you pay with your card, but you’ll want to avoid anything that could exclude your r ...
Vault’s Viewpoint on Amex Platinum Rental Car Insurance ; Secondary Amex Platinum rental car insurance is one of many travel benefits of The Platinum Card from American Express. ; The wholesale book value of the rental vehicle minus reasonable salvage and depreciation costs or ; Authorized drivers listed on the car rental agreement. ; A maximum coverage limit of $300,000 applies for all benefits payable under accidental death or reimbursement coverage and accidental injury coverage per car rental accident.
CNBC Select explains how car rental insurance works on your credit card and reviews which of our favorite credit cards offer it.
However, when you're put on the spot, you may forget to ask yourself, “does my auto insurance cover rental cars?” And that’s what rental companies are counting on — along with their...