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Renting a Car? Supplimental Insurance? Best and Worst Credit Cards For Car Rental


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Editor's Disclaimer: The release below was unsolicitedly sent to us, it has been created and distributed in the hope that it will generate traffic to CardHub.com. We are publishing it because we believe that it does offer valuable information to our audience. The Auto Channel is not being paid to run this or being paid a commission on sales generated from our reader's seeing or clicking on ads within CardHub's complete article.

Auto Central June 24, 2015; CardHub.com reported that between vacation travel and new driver fender-benders, summer clearly is car rental season. Countless consumers will thus be faced with a question they’ll have little idea how to answer: Do you want to purchase supplemental rental car insurance?

All four major credit card networks provide complimentary car rental insurance, so CardHub today released its 2015 Credit Card Rental Car Insurance Study, which compares these policies in order to determine which ones safeguard consumers the best. You can find a breakdown of some of the main findings below.

Key Findings:

  • American Express and Visa have the best rental car insurance policy, followed closely by Discover.
  • All four major networks require cardholders to charge their entire rental car purchase on their credit card and decline supplemental insurance/Collision Damage Waivers offered by their rental company in order to be eligible for coverage.
  • American Express is the only network that does not provide coverage for renting certain popular SUVs – including the Suburban and Tahoe from Chevrolet, GMC Yukon, Ford Expedition, Lincoln Navigator, Toyota Land Cruiser, Lexus LX450, Range Rover, and full-sized Ford Bronco.
  • VISA and MasterCard only cover accidents on dirt and gravel roads if they are “regularly maintained.”

CLICK HERE To check out the full study.