And while most credit cards rental car insurance policies arent valid when you redeem points or miles for your rental some cards such as The Platinum Card from American Express offer insurance on rentals paid for with its rewards program.

Rental car insurance australia credit card. Credit cards with rental car insurance offer a Collision Damage Waiver CDW or Loss Damage Waiver LDW for qualifying rental cars that you pay for with that credit card. Enough to purchase the same vehicle new which is unlikely but the request would be handled by the claim. In general making use of the insurance on your credit card will save you from having to buy the optional collisiondamageloss waiver insurance from the rental agency typically a cost of 16 to 23 per day and still provide the coverage you need for the vehicle.

Another factor to consider is what other sources of insurance you have that would also apply. However there is usually a high excess deductible around 3000. Depreciation only comes in to play if a rental car company decided they wanted more than actual cash value ie.

We consider a cards average annual fee over three years to smooth out the impact of having. Be listed as the primary driver. But excess cover is usually included in travel insurance policies including those offered by credit card.

Pay for the entire rental agreement with your credit card. The credit card rental car insurance covers you up to 48 days as long as the car rentals MSRP doesnt exceed 65000. This can add 20day to rental costs.

Depending on the terms the policy may cover the full cost of the car in case it is damaged or stolen. Car rental in australia includes basic comprehensive and third party insurance. 2 Its a Collision Damage Waiver CDW or a Loss Damage Waiver LDW and it means that if the car is damaged or stolen you wont be on the hook to replace or repair it.

To help you decide which is the best car rental insurance option for you click here. But an additional feature with some credit cards is complimentary travel insurance within Australia and some of these travel insurance policies include rental car excess insurance. Some credit cards rewards cards and platinum cards offer useful benefits including high points returns concierge services and promotional interest rates.