Navigating the world of car rentals often brings up the question of insurance. Many travelers wonder if they need to purchase extra insurance at the rental counter. The good news is that some credit cards offer car rental insurance as a benefit, potentially saving you money and providing peace of mind. But Which Credit Cards Have Car Rental Insurance and what does this coverage actually entail?
Credit card rental car insurance, often termed Auto Rental Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW), can cover damage to the rental vehicle due to collision or theft. This benefit typically kicks in when you pay for the entire car rental with your eligible credit card and decline the rental company’s CDW/LDW option.
The type and extent of coverage can vary significantly between credit card issuers and even individual cards within the same issuer’s portfolio. Generally, premium travel credit cards are more likely to offer comprehensive car rental insurance. These might include cards from Visa Signature, Visa Infinite, World Mastercard, and World Elite Mastercard tiers. American Express cards also often come with rental car insurance benefits, but enrollment may be required.
To find out if your credit card includes car rental insurance, and to understand the specifics of the coverage, it’s crucial to check your card’s benefits guide or contact your credit card provider directly. Pay attention to exclusions, coverage limits, and the process for filing a claim. Understanding which credit cards have car rental insurance and how their coverage works can be a valuable tool for savvy travelers looking to save money and simplify their rental car experience.
