Credit Cards That Cover Rental Car Insurance

What is rental car insurance

Rental car insurance, also known as collision damage waiver (CDW) or loss damage waiver (LDW), is a type of coverage that helps to protect drivers in the event that a rented vehicle is damaged or stolen. When a driver rents a car and purchases the insurance offered by the rental company, they are typically purchasing a CDW or LDW policy. This type of coverage is often very expensive and is not always necessary, as some drivers already have auto insurance that covers rental cars.

What is credit card rental car insurance?

Credit card rental car insurance is a type of coverage that is offered by certain credit card companies. This type of coverage provides the same protection that a CDW or LDW policy would, but at a fraction of the price. Credit card rental car insurance is often included as a benefit of certain rewards credit cards, and is sometimes offered as an optional add-on to other cards. It typically covers the cost of damage to a rental car that occurs during the rental period, up to a certain limit.

Which credit cards offer rental car insurance?

Many credit cards offer rental car insurance as an included benefit. Some of the most popular cards that offer this benefit include the Chase Sapphire Preferred card, the Citi Prestige card, the American Express Platinum card, and the Bank of America Premium Rewards card. These cards all cover rental car insurance up to a certain limit. It is important to check with your credit card company to find out the exact coverage limits before renting a car.

What types of rental car insurance are covered?

Most credit cards that offer rental car insurance will cover the cost of CDW and LDW policies. CDW and LDW policies provide coverage for any damage to the rental car that occurs during the rental period. This includes damage to the vehicle caused by an accident, theft, vandalism, or natural disasters. Credit card rental car insurance will often also cover the cost of a towing service and the cost of a replacement rental car while the damaged vehicle is being repaired.

Do I have to pay for rental car insurance?

If you have a credit card that offers rental car insurance, you may not have to pay for the insurance offered by the rental company. However, it is important to check with your credit card company to make sure that your card offers this benefit and that you meet all of the requirements for coverage. Some credit card companies may only offer rental car insurance if you pay for the rental using their card.

Conclusion

Credit card rental car insurance is a great way to save money on rental car insurance. It is important to check with your credit card company to find out if they offer this benefit and what the coverage limits are. It is also a good idea to compare the cost of the rental car insurance offered by the rental company and the cost of coverage offered by your credit card to make sure that you are getting the best deal.