When most people think of credit card perks, their minds turn to rewards, low interest rates and the

When most people think of credit santa fe vacation rentals discount card perks, their minds turn to rewards, low interest rates and the like. However, credit cards naturally provide a number of far-reaching standard benefits that help protect cardholders from both monetary loss and unnecessary hassle. One of these benefits is car rental collision santa fe vacation rentals discount protection, which is primarily driven by the card network and not the card issuer .
To provide context, roughly 20% of consumers always purchase supplemental insurance coverage when renting a car, according to a study from Progressive Insurance, and another 20% do so on occasion. Sitting atop the list of reasons for such purchases is confusion as to whether personal auto insurance extends to rental cars. Indeed, 62% of consumers do not believe their personal auto insurance automatically covers rental cars, according to a survey conducted by the National Association of Insurance Commissioners. Similarly, 24% aren’t sure whether their credit cards provide any sort of coverage either.
In this report, CardHub provides an in-depth santa fe vacation rentals discount examination of each major card network’s rental car insurance policy and explains what type of rental car insurance santa fe vacation rentals discount coverage consumers automatically receive through their credit cards, how they can take advantage of it, which credit cards offer the best insurance coverage, and whether any other forms of supplemental insurance are needed.
All four major networks require cardholders to charge santa fe vacation rentals discount their entire rental car purchase on their credit card and decline supplemental insurance/Collision Damage Waivers (CDW) offered by the rental company in order to be eligible.
American Express santa fe vacation rentals discount is the only network not to provide coverage for renting santa fe vacation rentals discount certain popular SUVs – including the Suburban and Tahoe from Chevrolet, GMC Yukon, Ford Expedition, santa fe vacation rentals discount Lincoln Navigator, Toyota Land Cruiser, Lexus LX450, Range Rover, and full-sized Ford Bronco.
Theft or damage from rental transactions which originated in Australia, Ireland, Israel, Italy, Jamaica, and New Zealand ARE NOT covered for the Escape card. No country exclusions for the rest of the cards
Theft or damage from rental transactions which originated in Israel, Jamaica, the Republic santa fe vacation rentals discount of Ireland, or Northern santa fe vacation rentals discount Ireland are not covered for Standard, Gold and Platinum cards. The World cards do not feature any country exclusions
Under the “Vehicles Excluded” category, we subtracted 7% because there are some exclusions attached to the benefit, even though they are standard across all credit networks, and given that the benefit does not cover some popular SUV’s.
It might be wise to accept the liability insurance santa fe vacation rentals discount and collision damage waiver offered by the car rental company if you do not have personal auto insurance and your credit card does not provide sufficient coverage.
CardHub reviewed the publicly available online car rental policies of the four major card networks and collected key information in order to answer the following questions: 1) Who is eligible santa fe vacation rentals discount for car rental insurance coverage?; 2) What vehicles are excluded?; 3) What exclusions do the policies have?; 4) What is the quality of the coverage?; 5) How does one activate santa fe vacation rentals discount the benefit?; 6) How should claims be filed?; and 7) How easy it is to obtain complete information about the policy?
Where the policies were not clear, we contacted santa fe vacation rentals discount the networks santa fe vacation rentals discount directly and requested clarification. American Express, Discover and MasterCard responded to our questions and confirmed the accuracy of our data. Visa declined to clarify issues regarding its policies despite multiple attempts to contact the company.
In the case of card networks that offer more than one type of rental car insurance to participating issuers, we scored each of the packages individually and then averaged them to obtain an overall score. Each card network policy was scored using the following criteria.
santa fe vacation rentals discount If activation is standard (cardholders santa fe vacation rentals discount charge the entire rental car purchase santa fe vacation rentals discount on their credit card and decline supplemental insurance/Collision Damage Waivers (CDW) offered by the rental company) – 5% points
santa fe vacation rentals discount If filing a claim requires standard documentation ( i.e. a copy of the accident, a signed claim form, a rental agreement, an itemized bill and a receipt or statement showing to which card the rental was charged to) – 5% points
Our content is intended for general educational purposes and should not be relied upon as the sole basis for managing your finances. Furthermore, the materials on this website do not constitute legal advice and should not be relied upon as such. If you have any legal questions, please consult an attorney. Please let us know if you have any questions santa fe vacation rentals discount or suggestions.