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Credit card car rental insurance is one of the most underrated benefits of a travel credit card. As mentioned, the rental car insurance from your credit card typically covers collision damage.
Key takeaways. Booking a car rental with points or miles can make sense if rental prices are high or if you find a good deal. If you have a card that is part of a flexible credit card rewards ...
Rental car insurance works the same way as regular auto insurance: you pay a certain amount of money in exchange for an insurance company’s agreement to cover losses and claims up to an agreed ...
Damage waiver. Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Most rental car companies offer insurance to cover damage to the rental vehicle. These policies may be unnecessary for many customers as credit card companies, such as Visa and MasterCard, now provide supplemental collision damage coverage to rental cars if the rental transaction is processed using one of their cards. These benefits are ...
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