10 Reasons You Need Collision Damage Waiver When Renting a Car By Jon Merwin
Are you going on vacation and planning on renting a car soon? While some people may think that the fees for a collision damage waiver (CDW) or loss damage waiver (LDW) are outrageous, it's actually best to purchase them when renting a vehicle. Why? Well, for one, these waivers can protect you against thousands of dollars in charges that may not be covered under your personal auto policy. Plus, having both your auto insurance and the rental agreement waiver can give you double the protection and peace of mind!
So, what are some reasons to purchase the CDW/LDW? Here are ten good ones:
Keep in mind that any damages incurred during your rental will be billed to your credit card, so it's best to protect yourself by purchasing the CDW/LDW.
Credit Cards Providing Rental Car Insurance: Exploring Coverage Options
Several credit cards offer rental car insurance, providing coverage similar to the collision damage waiver offered by rental car companies. This insurance typically protects against damage or theft up to the total value of the rental vehicle.
The rental car insurance provided by your credit card is complimentary, meaning there is no requirement to add or activate it separately. Nevertheless, it is advisable to review the terms of service associated with your card before renting a car.
It's worth noting that the rental car insurance provided by your credit card is generally considered secondary coverage. This implies that it fills in any gaps in your regular car insurance policy, or in some instances, you may still need to purchase additional coverage from the rental car company.
Here are some credit cards that come with rental car insurance included:
Chase cards with rental car insurance:
American Express cards with rental car insurance:
Capital One cards with rental car insurance:
If you have any questions or concerns about auto insurance and rental car coverage, don't hesitate to reach out to Portsmouth Atlantic Insurance. Our team of experts is always happy to help you find the right coverage for your needs and budget.
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