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Cards offering rental car insurance?

Established Contributor

Cards offering rental car insurance?

Amex offers auto rental insurance coverage, but not sure what other credit card companies do. Does Discover, Citibank or Alliant Credit Union offer coverage? What other banks or Credit Unions offer this perk? This is a great way to save money when you travel often because of work and leisure.

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Message 1 of 5
4 REPLIES
Contributor

Re: Cards offering rental car insurance?

Car Rental Insurance is not offered by Banks but by VISA/MC/Discover. They offer only LDW not third party insurance.

 

You have to call Customer care of VISA / MC or Discover to file claims.

 

 

 

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
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Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
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Message 2 of 5
Established Contributor

Re: Cards offering rental car insurance?


wealthcreator wrote:

Car Rental Insurance is not offered by Banks but by VISA/MC/Discover. They offer only LDW not third party insurance.

 

You have to call Customer care of VISA / MC or Discover to file claims.

 

 

 


Sounds like that type of coverage might not be the best insurance in case of an accident?

EQ-732FICO,EX-PLUS 740,TU-725FICO
Goal 750 Across

NFCU Signature Cash Rewards Visa, Chase Freedom Visa, Wells Fargo Visa Secured
Message 3 of 5
Valued Contributor

Re: Cards offering rental car insurance?

Most rental coverage from CC is secondary, means they only cover whatever is not covered from your insurance company.

Message 4 of 5
Regular Contributor

Re: Cards offering rental car insurance?

There are several credit cards that offer primary coverage without additional cost but most of the cards have an annual fee.  The Discover Escape offers coverage up to ( I believe) $50,000 and has an annual fee of $65.  The JP Morgan Select also offers primary coverage as do the Chase Ritz-Carlton and United Club cards.  There are probably offerings from Citi and other banks, but I'm not familiar with them. Amex has excellent coverage but it costs about $20 per rental period. 

Message 5 of 5