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10 Best Credit Cards for Car Rental Insurance Coverage [2022]

4 questions to ask to figure out how much car insurance you need – MarketWatch

You face many decisions when renting a vehicle, but none are more important than purchasing the car rental insurance coverage offered by the car rental company.

Reps are professionals at telling you why you need their coverage, so unless you’ve done your research ahead of time, you’ll likely agree to coverage just to make sure you’re covered during the rental period. however, purchasing coverage from the rental car agency can be expensive: up to $30 per day.

Reading: What credit card covers rental car insurance

Having car rental insurance on your credit card allows you to confidently decline that coverage, forgo the extra expense, and potentially save hundreds of dollars. To achieve these savings, you’ll need to be prepared and pay your rent with a credit card that offers primary auto rental coverage.

Our goal in this article will be to help you understand car rental coverage and recommend some credit cards that offer great car rental insurance.

let’s start our journey.

what is primary car rental insurance?

There are 2 levels of car rental coverage that can be offered with your credit card: secondary and primary. a single credit card could even apply both types of coverage. for example, a card might offer primary coverage when you rent a car outside your country of residence and secondary coverage within your country of residence.

car rental insurance is also known as collision damage waiver (cdw) or loss damage waiver (ldw) by car rental companies. cars and also by some credit card companies. .

This is because cdw/ldw coverage isn’t really insurance, although it works in a similar way in that it waives your responsibility to pay for damage, theft, or other related charges you might incur during an incident with a car. rent.

Before we discuss the best credit cards for primary auto rental insurance, let’s first define the difference between secondary and primary coverage and how these coverages can be applied.

Secondary Collision Damage Waiver Coverage

Secondary CDW coverage, also known as “excess” coverage, requires that you first file a claim with any insurance that may be applicable to the situation before the secondary coverage kicks in. this is important because your own insurance company could potentially penalize you for an accident if you file a claim.

You may also have to pay a high deductible when filing a claim with your own insurance company, depending on your coverage.

primary collision damage waiver coverage

cdw primary coverage does not require you to file a claim with your own insurance company before coverage becomes effective. works as the primary coverage for the car rental incident.

requirements to ensure coverage

For CDW coverage offered on credit cards to be valid, most credit card coverage requires the following:

  • reserve and pay for your rental car with your qualifying credit card
  • decline car rental company cdw/ldw coverage
  • list all drivers on the rental agreement
  • Make sure you know the requirements before renting a vehicle and call the benefits administrator if you have questions.

    You can even request a letter detailing your cdw coverage to show when you rent a vehicle.

    In a nutshell: Credit cards may offer cdw/ldw coverage that is secondary or primary. Some credit cards offer a combination of both, applying primary coverage outside your country of residence and secondary coverage within your country of residence, for example. Another scenario is that primary coverage may apply if you do not have your own auto insurance or if the coverage you do have does not cover you outside of your country of residence.

    the 5 best personal cards for car rental insurance

    card summary

    • earn 60,000 points after you spend $4,000 on purchases in the first 3 months.
    • $95 annual fee
      • primary car rental insurance
      • 5x points on car rentals booked through the chase ultimate rewards portal
      • 2x points on all other trips
        • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months.
        • $550 annual fee
          • primary car rental insurance
          • 10x points on car rentals booked through the chase ultimate rewards portal
          • 3x points on all other trips
          • rental car privileges with avis, national and silvercar
            • Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.
            • annual fee of $395
              • primary car rental insurance
              • 10x miles on car rentals booked through capital one travel
              • 2x miles in non-rewarded categories
              • free hertz president circle status
                • earn 80,000 points after you spend $6,000 on purchases in the first 6 months.
                • $695 annual fee (fees and charges)
                  • secondary rental car insurance with the possibility of purchasing primary rental car insurance
                  • 1x points on car rentals
                  • fantastic rental car privileges with avis, hertz and nationals
                  • incredible luxury travel benefits, including worldwide lounge access and elite hotel status
                    • Earn 60,000 points when you spend $4,000 on purchases in the first 6 months.
                    • $250 annual fee (fees and charges)
                      • secondary rental car insurance with the possibility of purchasing primary rental car insurance
                      • 1x points on car rentals
                      • excellent daily earnings categories
                      • 1. chase sapphire preferred® card

                        The Chase Sapphire Preferred Card is our top pick because it’s one of the few personal credit cards that offers primary auto rental insurance. solidifies at the top thanks to its moderate annual fee and tremendous reward categories.

                        As you can imagine, this credit card offers an extremely attractive welcome bonus and up to 5 maximum reward points on purchases:

                        • x5 points on all trips booked through chase ultimate rewards (including rental cars)
                        • 3x points on dining, select streaming services and online groceries
                        • double points on all other trips
                        • 1x points on all other purchases
                        • After each account anniversary year, cardholders receive a 10% anniversary rewards bonus, which could bring your rewards up to 5.5x points per dollar and a minimum of 1.1x points per dollar.

                          Enjoy a discounted hotel stay when you book through the chase ultimate rewards travel portal with a $50 annual hotel credit, as well as stellar travel insurance (which includes major auto rental coverage).

                          This credit card also offers state-of-the-art purchase protection, extended warranty, and zero liability fraud protection, as well as no foreign transaction fees or additional annual fees for authorized users.

                          hot tip: there is no charge to add an authorized user to the chase sapphire preferred card, and they receive the same primary cdw coverage when they rent a vehicle with your card. Please note that authorized users driving a vehicle leased by the primary cardholder must be listed as a driver to be covered. Learn more about maximizing car rental insurance benefits with the Chase Sapphire Preferred Card.

                          why we like to earn chase ultimate rewards points

                          We’re a huge fan of chase points ultimate rewards simply because of how valuable and versatile they are. Worth 2.0 cents each based on our ratings, these points can be redeemed with transfer partners for great value when booking award flights and hotels.

                          but if you were looking for alternative ways to use points and were willing to accept a lower redemption value, you can also book travel through the chase travel portal, earn gift cards, earn statement credits, make charitable donations and shop for merchandise online.

                          2. chase sapphire reserve®

                          The Chase Sapphire Reserve Card is Chase’s flagship ultra-premium credit card. Earn Chase’s own ultimate reward points, just like the Chase Sapphire Preferred Card; the difference is that you will get up to 10 maximum reward points:

                          • 10x points on rental cars, hotels and restaurants booked through chase ultimate rewards
                          • 5x points on air travel booked through chase ultimate rewards
                          • 3x points on all other travel purchases
                          • 3x points on meals
                          • 1x points on all other purchases
                          • Earning 10x points on car rentals is exceptional, worth a 20% return on investment!

                            the chase sapphire reserve card comes with excellent primary rental car insurance and car rental privileges at national, silvercar and avis. It also comes with the same worldwide primary cdw coverage as the chase sapphire preferred card, but with $75,000 maximum coverage for the rental vehicle. And the most compelling reason to use the Chase Sapphire Reserve Card for your rental car is so you can pay for your rental with Max Reward Points and receive 50% more value for your points.

                            The card also has some amazing benefits, like an easy-to-use $300 travel credit every year from the cardholder, select complimentary Priority Pass membership, the best travel insurance with a single credit card (including major car rental coverage) and up to $100 global/tsa precheck/nexus application fee credit.

                            lastly, the chase sapphire reservation card offers access to chase luxury hotel & resort collection, a 50% redemption bonus on select rotating categories when you pay yourself, no foreign transaction fees, purchase protection, roadside assistance, and extended warranty coverage.

                            3. capital one venture x rewards credit card

                            Capone’s ultra-premium credit card product is the Capone Venture X Card. This credit card, similar to the Chase Sapphire Reserve Card, also earns up to 10x miles:

                            • 10x miles on car rentals and hotels purchased through capital one travel
                            • 10x miles on tourist reservations until May 16, 2023
                            • 5x miles on flights purchased through capital one travel
                            • double miles on all other purchases
                            • The Capone Venture X Card features Primary Car Rental Insurance, Complimentary Hertz President’s Circle Status (one of the only cards to offer this top-tier elite status), and up to 10x miles on car rental reservations (assuming booked through capital one travel).

                              There’s also a $300 annual travel creditfor capital one travel reservations (which you could also use for car rentals!), an annual account 10,000 mile anniversary bonus, access to capital one lounges, plaza premium lounges and priority pass lounges, as well as a credit of up to $100 towards the global/tsa pre-entry application fee .

                              It’s also one of the few credit cards with exceptional cell phone protection, travel insurance, up to 4 authorized user cards with no additional annual fee, no foreign transaction fees, purchase protection, and extended warranty.

                              why we like to earn capital a mile

                              a capital mile is one of the best transferable currencies available. and it shows with our valuation of 1.8 cents each. that means a 10x mile accrual structure is worth a whopping 18%!

                              In general, capital one miles are best used by transferring them to travel partners for award travel, but you can also redeem them for travel purchases, online products, statement credits, gift cards and more.

                              4. the american express platinum® card

                              hot tip: check if you are eligible for a welcome offer of up to 150,000 points with the amex platinum card. (Current public offering is 80,000.)

                              the amex platinum card is one of our favorite cards, thanks to its many advantages for luxury travel. Although it offers secondary car rental coverage by default, you can easily purchase primary car rental coverage for around $12.25 to $24.95 per rental.

                              And sure, technically getting primary rental car insurance isn’t free, but if you overlook that, you’ll probably end up happy to pay for primary rental car insurance if you use all the other card benefits.

                              The Amex Platinum Card offers complimentary car rental privileges and benefits with Avis, Hertz, and National, which could help you earn upgrades, discounts, and improved service.

                              But looking beyond the car rental perks, you’ll find that the rewards and perks of the amex platinum card will likely make you gravitate toward this card if you’re into luxury travel:

                              • 5x membership rewards points on flights booked directly with airlines or with amex travel (up to $500,000 on these purchases per calendar year)
                              • 5x membership reward points on prepaid hotels booked through amex travel
                              • 1x membership reward points on all other purchases (including rental cars)
                              • See also : What To Know About Medical Identity Theft | Consumer Advice

                                in addition, the amex platinum card offers access to excellent hotels & Resorts and Hotels Collection (so you can feel like a VIP when booking hotel stays around the world) and American Express Global Lounges Collection for access to some of the most exclusive lounges including Centurion, Delta Sky clubs (when flying on a same-day delta flight) and priority pass lounges at time of registration.

                                To add to that, there’s complimentary elite hotel status, when you sign up, with Hilton Honors Gold and Marriott Bonvoy Gold Elite.

                                Cardholders can also take advantage of a number of statement credits, including:

                                Cardholders will also enjoy no foreign transaction fees (see fees and charges), purchase protection, cell phone insurance, extended warranty, and exceptional travel insurance.

                                why we like to earn amex membership rewards points

                                We are of the opinion that amex membership rewards points are the most valuable out there. based on our reviews, we peg amex points at 2.2 cents each, which beats both chase ultimate rewards and capital one miles.

                                In fact, we’ve compiled a great guide on how to extract the most value from amex points.

                                but if you’re looking for other ways to use amex points outside of travel, you can also earn gift cards, cash back, statement credits, merchandise, and book travel through amex travel using pay with points.

                                5. american express® gold card

                                Important tip: Check if you are eligible for a welcome bonus of up to 90,000 points with the amex gold card! (The current public offer is 60,000 points).

                                the last personal card product that we will include in this article is the amex gold card. It becomes one of the most exceptional cards for daily spending. offers secondary rental car coverage, but there are many other reasons why you might want to get this card!

                                Even with secondary car rental insurance, you can purchase premium car rental protection from $12.25 to $24.95 per rental, so you still have the option to enjoy primary coverage with the amex card gold.

                                first, let’s keep in mind that the welcome bonus is always amazing, and you’ll earn up to 4 times more points:

                                • 4x points at restaurants, including takeout and delivery in the us. uu.
                                • 4x points in us uu. supermarkets (up to $25,000 in purchases per calendar year)
                                • 3x points on flights purchased directly with the airline or amex travel
                                • 1x points on all other purchases (including rental cars)
                                • By earning 4x more points, you can get a whopping 8.8% return on spend! the amex gold card also comes with up to $240 in statement credits every year:

                                  • up to $120 (up to $10 per month) in uber cash for rides or uber eats orders in the us. uu.
                                  • up to $120 (up to $10 per month) in dining credits at grubhub, the cheesecake factory, goldbelly, milk bar, wine.com and select shake shack locations (registration required)
                                  • plus, you can access room upgrades and property credits when you book eligible stays in the hotel collection, sure to enhance your travel experience.

                                    the amex gold card has travel insurance, no fees for foreign transactions, free authorized user cards, purchase protection and extended warranty (see fees and charges).

                                    the 5 best business cards for car rental insurance

                                    Business cards handle rental car insurance coverage a little differently than personal cards. You will receive primary auto rental coverage if you rent primarily for business purposes and use your associated card to pay the rental.

                                    You are also covered for personal use when you rent a vehicle outside your country of residence. if you rent for personal use within your country of residence, you will not have primary coverage.

                                    card summary

                                    • Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months.
                                    • $95 annual fee
                                      • primary car rental insurance when renting for business or outside the us. uu.; secondary coverage for personal rentals in usa uu.
                                      • 3x points on select business categories, including travel (up to $150,000 per cardmember year)
                                        • best deal ever: Get an extra $900 cash back after you spend $6,000 on purchases in the first 3 months.
                                        • $0 annual fee
                                          • primary car rental insurance when renting for business or outside the us. uu.; secondary coverage for personal rentals in usa uu.
                                          • 1% cash back on car rentals
                                            • best deal ever: Get an extra $900 cash back after you spend $6,000 on purchases in the first 3 months.
                                            • $0 annual fee
                                              • primary car rental insurance when renting for business or outside the us. uu.; secondary coverage for personal rentals in usa uu.
                                              • 1.5% cash back on all purchases
                                                • earn up to 150,000 miles. earn 75,000 miles after spending $5,000 on purchases in the first 3 months. Plus, earn an additional 75,000 miles after spending a total of $20,000 on purchases in the first 6 months.
                                                • $99 annual fee
                                                  • primary car rental insurance when renting for business or outside the us. uu.; secondary coverage for personal rentals in usa uu.
                                                  • 1x miles on rental cars
                                                    • Earn 120,000 points after you spend $15,000 on purchases in the first 3 months.
                                                    • $695 annual fee (fees and charges)
                                                      • secondary rental car insurance with the possibility of purchasing primary rental car insurance
                                                      • fantastic rental car privileges with avis, hertz and nationals
                                                      • incredible luxury travel benefits, including worldwide lounge access and elite hotel status
                                                      • 1x miles on rental cars
                                                      • 1. ink business preferred® credit card

                                                        We affectionately refer to the ink business card of choice as the queen of small business credit cards and it comes with a great welcome bonus. The card comes with primary auto rental insurance when renting for business and outside of the us. uu. and secondary coverage for when you rent a vehicle for personal use in the us. uu.

                                                        Cardmembers have the ability to earn 3x points on combined purchases of up to $150,000 in these select business categories each cardmember year:

                                                        • purchased ads with search engines or social media sites
                                                        • Internet, cable and telephone services
                                                        • shipping costs
                                                        • travel (including rental cars)
                                                        • You’ll also earn 5x points on Lyft purchases through March 31, 2025.

                                                          So when you book car rentals that are coded as travel, expect a 6% return on expense!

                                                          This credit card also offers cell phone protection, purchase protection, extended warranty, no foreign transaction fees, and no-fee employee cards.

                                                          2. ink business cash® credit card

                                                          the ink business cash card is one of the few credit cards that offers car rental primary insurance when renting for business purposes or outside the us. USA, all with no annual fee! The card also has secondary coverage when you rent a vehicle for personal use in the United States.

                                                          But there’s so much more to this card, starting with the huge welcome bonus. There’s also a 0% introductory April benefit, travel insurance, and up to 5% cash back on purchases:

                                                          • 5% cash back on lyft purchases through March 31, 2025
                                                          • 5% cash back on cardholder’s first $25,000 spent on combined purchases at office supply stores and internet, cable and phone services each year
                                                          • 2% cash back on cardholder’s first $25,000 spent on combined gas and restaurant purchases each year
                                                          • 1% cash back on other purchases (including rental cars)
                                                          • If you have an Ultimate Rewards Card, such as the Chase Sapphire Preferred Card or the Chase Sapphire Reserve Card, you can convert your rewards at a 1% to 1x ratio, making a cash back structure 5% double your value to a 10% return on investment!

                                                            Other benefits include zero liability fraud protection and no-fee employee cards.

                                                            3. ink business unlimited® credit card

                                                            The Ink Business Unlimited Card is Chase’s other major card that offers major auto rental coverage with no annual fee. As with the other ink cards, this primary coverage applies when rented for business purposes or outside the us. with secondary coverage when you rent a vehicle for personal use in the us. uu.

                                                            just like the ink cash trading card, there’s an insanely good welcome bonus; the difference is the income structure:

                                                            • 5% cash back on lyft purchases through March 31, 2025
                                                            • 1.5% cash back on all other purchases (including rental cars)
                                                            • Just like ink business cash card rewards, you can convert your cash back into ultimate rewards points with the chase sapphire preferred card, chase sapphire reserve card, or ink business unlimited card.

                                                              Of course, there’s a 0% introductory apr, as well as purchase protection, extended warranty, travel insurance, and free employee cards.

                                                              4. united business card℠

                                                              The United Business Card is a unique option to consider if you frequently travel with United for business purposes.

                                                              Currently, there is a fabulous welcome bonus available. this card offers primary auto rental insurance when renting for business or outside the us. uu. (secondary, otherwise), making it one of our top picks for business credit cardholders.

                                                              You can earn up to double United Miles on a wide variety of purchases:

                                                              • 2x miles on united purchases, at gas stations, at restaurants (including eligible delivery services), at office supply stores, and on public transportation (including ride share services, taxis, train tickets, tolls and public transport)
                                                              • 1x miles on all other purchases (including rental cars)
                                                              • If you also have a united personal credit card along with the united business card, you’ll earn 5,000 miles better together bonus after each card anniversary.

                                                                This credit card offers a variety of benefits together:

                                                                • 2 one-time united club passes per year
                                                                • first checked bag free for you and one companion (terms apply)
                                                                • priority boarding (terms apply)
                                                                • the ability to earn 500 premier qualifying points (pqps) after spending $12,000 on your united business card (up to 1,000 pqps per calendar year)
                                                                • 25% cash back on united inflight purchases
                                                                • $100 united travel credit after 7 united flight purchases of $100 or more each cardmember anniversary year
                                                                • Packed with united benefits, the united business card even offers perks at chase & Resort pickup, no foreign transaction fees, travel insurance, purchase protection, and extended warranty.

                                                                  why we like to earn miles from united mileageplus

                                                                  united’s frequent flyer program is called mileageplus. currently, united miles are worth around 1.3 cents each, which allows for a return on spending of around 2.6%.

                                                                  united miles can be used for domestic flights on united, but we believe the best way to redeem these miles is for international business or first class flights on various partner airlines. in fact, with united miles, it is possible to book swiss business class, lufthansa first class, and even ana first class!

                                                                  5. the business platinum card® from american express

                                                                  Top Tip: Check if you’re eligible for a great welcome offer of up to 150,000 points with amex business platinum! (The current public offering is 120,000.)

                                                                  The Amex Ultra Premium Business Card is none other than the Amex Platinum Business Card. The Amex Business Platinum Card offers secondary rental car insurance with the ability to purchase primary rental car insurance.

                                                                  But don’t let that discourage you from considering this card because it has some of the best travel benefits available. Let’s talk about rewards first:

                                                                  • 5x membership reward points on prepaid flights and hotels booked through amex travel
                                                                  • 1.5x membership rewards points on eligible purchases in key business categories, as well as purchases of $5,000 or more elsewhere (up to $2 million of these purchases each calendar year)
                                                                  • 1x membership reward points on all other purchases (including rental cars)
                                                                  • See also : 4 questions to ask to figure out how much car insurance you need – MarketWatch

                                                                    Similar to the Amex Platinum Card, the Amex Business Platinum Card grants access to American Express’ collection of global lounges, fine hotels & resorts, elite hotel status, avis, national and hertz car rental privileges, and over $1,000 in statement credits every year:

                                                                    • up to $400 in dell credits
                                                                    • up to $200 in airline fare credits
                                                                    • up to $189 in clear credits
                                                                    • up to $360 in fact credits
                                                                    • up to $150 in adobe credits
                                                                    • up to $120 in wireless credits
                                                                    • Lastly, you’ll enjoy a preset spending limit, foreign transaction fees, excellent travel insurance, purchase protection, extended warranty, and cell phone protection (see rates and fees).

                                                                      chase main car rental insurance

                                                                      what is covered: chase auto rental collision damage waiver

                                                                      • primary coverage for damage or theft of the rental vehicle up to the actual cash value of the vehicle ($75,000 limit on chase sapphire reservation card)
                                                                      • loss-related towing charges that are reasonable and customary
                                                                      • loss of use fees charged by the rental agency due to the vehicle not being in service
                                                                      • Coverage is valid for rental periods not to exceed (or intended to exceed) 31 days
                                                                      • cover is effective in the us. uu. and most foreign countries; call manager before renting outside the us. uu.
                                                                      • who is covered

                                                                        The primary cardholder and any drivers listed on the rental agreement are covered.

                                                                        You can be sure you’ll have the right car rental insurance coverage with any of the ink business cards, as all 3 offer a primary benefit of car rental coverage when renting on business or off the beaten track. ee uu. and secondary coverage for personal rentals in the us. uu.

                                                                        what is excluded

                                                                        • certain expensive, vintage and exotic vehicles
                                                                        • cargo vans, motorcycles, RVs
                                                                        • certain countries may be excluded where prohibited by law
                                                                        • liability coverage
                                                                        • capital one car rental primary insurance

                                                                          What’s Covered: Capital One Car Rental Collision Damage Waiver

                                                                          the capone venture x card offers primary rental insurance when you rent for a period of up to 15 consecutive days in your country of residence or 31 days outside your country of residence with a maximum coverage of $75,000.

                                                                          you will need to pay for your entire rental car reservation with your capone venture x card to get coverage.

                                                                          who is covered

                                                                          Generally, the primary cardholder, as well as any additional drivers listed on the car rental agreement, are eligible for coverage.

                                                                          what is excluded

                                                                          • cars, cargo vans, trucks, motorcycles, mopeds, motorbikes, limousines and other expensive, exotic or vintage
                                                                          • Israel, Jamaica, the Republic of Ireland and Northern Ireland are excluded from rental car coverage
                                                                          • american express premium car rental protection

                                                                            You’ve probably heard that american express cards don’t come with primary car rental insurance. While it’s true that you won’t find primary auto insurance on American Express cards, secondary rental car insurance is included. Fortunately, there is an easy and affordable option to secure primary coverage on most American Express cards.

                                                                            Sign up for Premium Car Rental Protection coverage in advance, then use your American Express card on file to reserve and pay for your rental. premium (primary) coverage will be applied automatically.

                                                                            You will be charged only when you actually rent a vehicle and the cost will be between $12.25 and $24.95 depending on your coverage selection, for the entire rental period, up to 42 days. for a 30-day rental days, that’s as low as 41 cents a day.

                                                                            what’s covered: american express premium car rental protection

                                                                            • Car rental primary coverage for rental vehicle damage or theft, loss of use and applicable related charges
                                                                            • coverage limit of up to $100,000 for damage/theft, but less can be selected
                                                                            • up to $100,000 for accidental death/dismemberment ($250,000 for California residents)
                                                                            • up to $15,000 excess property damage and $5,000 excess medical expenses per person
                                                                            • up to 42 consecutive days of coverage (30 days for Washington state cardholders)
                                                                            • who is covered

                                                                              The primary cardholder and any authorized drivers listed on the rental agreement are covered by the plan. in addition, passengers are covered by the associated medical benefits.

                                                                              Please note that coverage descriptions have been abbreviated. You can access a sample premium car rental protection plan with full terms and conditions here.

                                                                              what is excluded

                                                                              • australia, ireland, israel, italy, jamaica and new zealand are excluded from rental car coverage
                                                                              • Important Tip: The cost to purchase american express premium car rental protection for the entire rental period may be less than the cost of 1 day of cdw/ldw coverage purchased directly from the car rental company.

                                                                                american express secondary car rental insurance

                                                                                the courtesy cdw is included in most american express credit cards. but for the courtesy cdw coverage to be effective, the following must be done:

                                                                                • book and pay for all car rental with qualifying american express card
                                                                                • decline the car rental company’s cdw/ldw coverage
                                                                                • To find out if your American Express credit card has courtesy CDW coverage, check your benefits guide here.

                                                                                  what is covered

                                                                                  • damage to or theft of a rental vehicle up to a maximum of $50,000
                                                                                  • loss of use, assessment fees, towing
                                                                                  • rentals of 30 days or less
                                                                                  • who is covered

                                                                                    drivers covered by cdw under your free credit card coverage include:

                                                                                    • primary cardholders and additional drivers listed on the rental agreement
                                                                                    • any additional driver listed on the rental agreement
                                                                                    • for the cdw coverage to apply, the car rental must be booked and paid for with the american express card.

                                                                                      exclusions

                                                                                      • cars rented in australia, italy, new zealand or any country on the ofac list (due to economic or trade sanctions)
                                                                                      • how to file a claim

                                                                                        report the claim

                                                                                        Your first step in the process will be to report the claim to the credit card claims administrator as soon as possible after the incident. this can be initiated by calling the number on the back of your credit card.

                                                                                        You will be asked some initial questions about the claim and then a claim form will be sent to you to complete.

                                                                                        Be sure to get a claim number and the name of the person who started your claim in case you don’t get the claim form right away and need to follow up.

                                                                                        gather documentation

                                                                                        Before you embark on your trip, it may be helpful to read up on what will be required if you have a car rental claim. Gathering the documentation you need at the time of the accident is much easier than trying to do it after you return home.

                                                                                        You may be asked to submit any or all of the following:

                                                                                        • a copy of your credit card statement validating that the car rental was paid in full with the associated card
                                                                                        • a copy of the full car rental agreement
                                                                                        • a statement from the rental company indicating the damages for which you are responsible
                                                                                        • a police report
                                                                                        • photos of the damage
                                                                                        • repair estimates
                                                                                        • any additional documentation requested by the benefits administrator
                                                                                        • know the deadlines

                                                                                          There will be several dates you must meet during the claim process. Failure to comply with any of them could jeopardize your benefits.

                                                                                          • the deadline for reporting the initial claim
                                                                                          • when the completed claim form must be sent or received
                                                                                          • the dates by which all required documents must be sent and/or received
                                                                                          • tracking

                                                                                            Claims staff are busy handling multiple claims each day. plan follow-up to ensure all required documents have been received and the claim is progressing.

                                                                                            In a nutshell: It is your responsibility to initiate the claim with the credit card claims administrator and meet the deadlines for submitting the required documents. It’s also a good idea to follow up to make sure your claim is progressing and all required documents have been received.

                                                                                            everything else you need to know

                                                                                            requirements to ensure coverage

                                                                                            meet these requirements to ensure that the car rental coverage on your card is activated:

                                                                                            • book and pay in full for the car rental reservation with the associated credit card.
                                                                                            • decline cdw/ldw coverage from the rental car agency.
                                                                                            • List all drivers you want to be covered on the car rental agreement.
                                                                                            • handy tip: if you use points that are associated with the credit card to pay for your car rental, or a combination of points and load the rest on your card, you will continue to be covered if all other conditions are met.

                                                                                              exclusions

                                                                                              • Your credit card coverage may exclude certain countries.
                                                                                              • liability insurance that covers third-party property damage and medical injuries to passengers and pedestrians is not included in the coverage that comes with your credit card . The good news is that because this coverage is mandatory, it’s usually included in your rental car’s daily rate.
                                                                                              • certain types of automobiles are normally excluded from coverage. These can include high-value luxury cars, commercial vehicles, ATVs, motorcycles, and others. check the specific exclusions of your card before renting.
                                                                                              • additional information

                                                                                                If you don’t have your own personal auto insurance, many credit cards default to primary rental car coverage, even if the card typically offers only secondary coverage. check coverage on your specific card for terms and conditions.

                                                                                                coverage periods vary. Some CDW coverages may cover rentals of 31 days or less, others only 15 days. check the rental period limit on your card before renting a vehicle.

                                                                                                Before renting a vehicle outside your country of residence, ask the card issuer’s claims administrator for a letter of coverage to take with you. this letter can be used to validate existing coverage by declining coverage from the car rental company.

                                                                                                final thoughts

                                                                                                insurance can be inherently complicated and car insurance especially.

                                                                                                if you have your own auto insurance, the best cdw coverage for domestic car rentals is major credit card cdw coverage. This is because it’s best to avoid filing a claim with your own insurance company, which could potentially mean paying a high deductible and increasing your rates.

                                                                                                However, you may be required to pay a deductible on the rental car company’s coverage. If you have questions about your card coverage, you can always call the administrator before renting a vehicle.

                                                                                                In all cases, you should purchase car rental company liability insurance if you don’t already have it, or make sure it’s included in your rental agreement, as it’s not included in CDW coverage. that comes with your credit card.

                                                                                                Arming yourself with a little knowledge about rental car insurance and having a card in your wallet that allows for primary rental car insurance can go a long way toward saving money while keeping you protected during your stay. next car rental.

                                                                                                Information on the Capital One Venture X Rewards Credit Card was collected independently through Enhanced Points and was not provided or reviewed by the issuer.

                                                                                                for the american express platinum card® car rental collision damage coverage benefit, car rental loss and damage insurance can provide coverage up to $75,000 for theft or damage to most of rental vehicles when you use your eligible card to reserve and pay in full for the rental of the eligible vehicle and decline the collision damage waiver or similar option offered by the commercial car rental company. this product provides secondary coverage and does not include liability coverage. not all types of vehicles or rentals are covered. geographic restrictions apply. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company. coverage for loss or damage to rental vehicles is offered through american express travel related services company, inc. For American Express Platinum Card® Purchase Protection and Extended Warranty benefits, eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company. For the american express platinum card® cell phone protection benefit, eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company.

                                                                                                for the american express business platinum card® auto rental collision damage coverage benefit, auto rental loss and damage insurance can provide coverage up to $75,000 for theft or damage to most of rental vehicles when you use your eligible card to reserve and pay in full for the rental of the eligible vehicle and decline the collision damage waiver or similar option offered by the commercial car rental company. this product provides secondary coverage and does not include liability coverage. not all types of vehicles or rentals are covered. geographic restrictions apply. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company. coverage for loss or damage to rental vehicles is offered through american express travel related services company, inc. For the Extended Warranty and Purchase Protection benefits of the American Express Business Platinum Card®, eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company. For the american express business platinum card® cell phone protection benefit, eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by new hampshire insurance company, an aig company.

                                                                                                For the American Express® Gold Card car rental collision damage coverage benefit, car rental loss and damage insurance can provide coverage up to $50,000 for theft or damage to most vehicles. rental vehicles when you use your eligible card to reserve and pay for the entire rental of the eligible vehicle and decline the collision damage waiver or similar option offered by the commercial car rental company. this product provides secondary coverage and does not include liability coverage. not all types of vehicles or rentals are covered. geographic restrictions apply. eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company. coverage for loss or damage to rental vehicles is offered through american express travel related services company, inc. For the American Express® Gold Card Extended Warranty and Purchase Protection benefit, eligibility and benefit level vary by card. terms, conditions and limitations apply. visit americanexpress.com/benefitsguide for more details. underwritten by the amex insurance company.

                                                                                                For american express platinum card® rates and fees, click here. For rates and fees for the american express business platinum card®, click here. For American Express® Gold Card fees and charges, click here.

                                                                                                Source: https://amajon.asia
                                                                                                Category: Other

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