If you're hitting the road this summer, using a credit card with primary rental car insurance can save you time, money, and stress
REUTERS/Jason Redmond
- Car rental companies are going to try to get you to pay for their insurance, but you're probably already covered with the credit card you used to pay for the rental.
- While secondary car rental insurance is a nice credit card benefit, primary insurance is even better. It's available on the
Chase Sapphire Preferred® Card , theUnited℠ Explorer Card , and several other cards. - Credit cards' primary insurance steps in to cover damage or theft of a rental car without you having to file a claim through your personal auto insurance policy (which has the risk of raising your premium).
- While primary car rental insurance usually covers loss and damage, you generally need another auto insurance policy to cover injury and property damage liability. Always make sure to read the terms and conditions so you're aware of any limitations.
- See Business Insider's list of the top rewards credit cards »
Many people already know that they have some kind of rental car coverage on at least one of their credit cards. Rental car insurance is a great benefit because it can save users significant money in the case of an accident, damage, or theft to the rental car.
But most people don't know that there are two types of car rental insurance — and the details live where easily overlooked information always does: in the fine print.See the rest of the story at Business Insider
NOW WATCH: What it takes to be a PGA Tour caddie
See Also:
- The best credit card offers in July: earn points, miles, or cash back
- The best small business credit cards of 2020
- The best hotel credit cards of July 2020
SEE ALSO: All our credit card reviews — from cash-back to travel rewards to business cards — in one place