When Credit Cards Cover Rental Car Insurance

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Robnkj44 of PA 12:13PM April 28, 2013

Hey,

I have a strange situation. I am an American citizen (born in US and lived there for 28 years), & I am a Swedish citizen (currently living in Sweden for the past 12 years with my family).

I still visit America and I even have sparsely used American bank account, which comes with a Visa card.

This Visa card comes with this coverage when I rent a car with it: "Auto Rental Collision Damage Waiver – Receive auto coverage for damage due to collision or theft."

My Swedish Credit Card only pays me back the deductible for out of country car rentals (up to $1500), but not actual car insurance.

And normal Swedish car insurances don't offer protection for car rentals.

I usually pay for my travel flights with my Swedish card because I like the other insurances included, like cancellation insurance, doctor bills and emergency home transport, etc...

I can pay for the American car rental with my American Visa card, whcih gives me: Auto Rental Collision Damage Waiver – Receive auto coverage for damage due to collision or theft.

From what you see in this post, do I need to buy any other car insurances/policies when renting a car in America.

What problems might I run into if I get in an accident, if I don't buy any other policies?

Regards,

Scott

Scott of GA 7:58AM September 05, 2012

Great article, here are several tips from me on how to get cheaper car insurance:

- Use insurance comparison site like: http://EliteCarInsurance.info . That means once you register you'll receive a lot of offers from many insurance companies.

- Ask for group discount.Get as many insurances as you need from the same company.

- Stay insured.If you cancel your plan even for several days, some companies may consider you as high risk and you may need to pay more next time.

- Car Security Devices.Any extra security measures you take to deter thieves from stealing your car will further decrease the risks you pose to the insurance company.

- Good driving records.that will definitely lower your price.

Matthew Pavlica of NY 2:22AM October 09, 2011

If you are travelling to Europe, there are different exposures you must be aware of. For example, the majority of cars will come with Comprehensive Insurance e.g. Collision Damage Waiver, Theft Protection and Third Party Liability. They also come with a large deductible (commonly referred to as Excess). They also come with usual exclusions found on all rental car agreements e.g. no cover against damage to Windscreens, Tyres, Roof and Undercarriage. At this point, unless you purchase excess protection from the car rental-desk, you are left exposed. These policies are usually expensive (between £10-£20/day), and limited in scope.

Check out this website www.iCarhireinsurance.com, they offer insurance for as little at £2.99 a day.

Ernesto 9:31AM June 16, 2011

I handle claims for individuals in accidents every day. The rental coverages do vary from state to state, but I thought your article gave a great overview for those who have questions abuot rental coverges.

Jennifer Seate of NC 4:39PM June 15, 2011

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