The benefit of rental coverage through your credit card.

Is insurance needed for rental cars. American Express Gold Card. These policies often have a set deductible of around 250 that can differ from the deductible on the rest of your policy. A collision damage waiver protects you from paying for any damages to the rental car or it if it is stolen Supplemental liability insurance protects you and any other authorized driver against third-party injury death and property damage claims.

While your regular car insurance policy may include collision coverage for rental cars it most likely includes a deductible and may not pay for all the rental car companys charges such as loss of use charges for the money the companys losing while its car is in the shop. Rental car insurance coverage provides protection from loss when renting a vehicle. Other times you may need to get separate rental car insurance to stay safe on the roads and follow your states laws.

Platinum Card from American Express. Currently we offer our customers Damage Waiver Personal Accident Insurance Personal Effects Coverage. The short answer is yes.

If you have a personal car insurance policy it includes liability coverage and any additional coverage youve opted for such as comprehensive or collision. The car rental companys optional insurance. Rental car insurance can be confusing and your decision to get it depends on your current auto coverages.

If you rent often but dont carry your own policy you might want to get nonowner car insurance. 9 to 30 per day. Sometimes your auto policies can extend to rented cars.

That coverage may extend to your rental car as long as you drive it for personal use. Without it you would have to pay for any damage out of pocket above basic protection. Rental car insurance is coverage from a personal insurance policy a credit card or the rental company itself that protects people when they drive a rental car.