Credit Card Center Advertiser Disclosure†
07-14-2007 05:32 PM
07-14-2007 05:40 PM
07-14-2007 05:48 PM
Have you talked to your auto insurance agent? You might be able to bump your current policy up to full coverage for a minimum period (like one month) and then have it revert to liability only afterward. The additional cost charged by your insurance company might be less than getting one-time coverage from the rental company or elsewhere.
07-14-2007 06:10 PM
07-14-2007 06:21 PM
cbjn1103 wrote:Some cc's have rental insurance included when you use their cc to pay for the rental car expense. I know I have read it in some of my cc terms/agreements.If you keep your agreement terms as I do, look back on them and see if they include rental car insurance as a bonus. If you don't still have your cc terms/agreements, you could call your cc issurers and see if they offer it.
07-14-2007 08:30 PM
07-15-2007 06:59 PM
HappyDays wrote:I have a CAP1 and I always use it for car rentals because of the ins. I don't remember how the ins. works but you can call them & ask. When I return the rental I then pay with another lower intrest card.
07-15-2007 07:15 PM
07-15-2007 07:29 PM
Do you have an AMEX? They have a full rental protection plan for just $25 per rental, NOT per day.
Anderson wrote:A bit OT, but definitely within the realm of credit and especially maintaining credit.I need to rent a car next week. I have a truck that I bought new in 1996. I had always carried full insurance on it with all the bells & whistles and when renting cars always declined the extra rental insurance because my truck policy covered the rentals. Last year in an effort to save $$ I dispensed with the full coverage and now have liability coverage only. So, I'm in unfamiliar territory.The rental angency will aggressively pressure me to purchase their insurance, but the cost would double the actual rental rate. I can't afford having an accident and the resultant rental agency expenses that could I could incur.I've found a few online companies that provide Collision Damage Waiver and "Loss of Use" coverage for a reasonable fee, about $9.00 per day. http://www.tripinsurancestore.com/rental-car-insurance.shtmlHas anyone used this method? It's much less expensive and I'm inclined to use it.Thanks