Should You Buy Insurance From a Car Rental Company?

Should you buy insurance from a car rental company?Ed Perkins from just penned one of the most useful articles about car rental insurance I’ve read in a while. It’s titled “9 Nasty Truths About Car Rental Insurance.” If you’ve ever wondered if you should buy the car rental company’s overpriced CDW (collision damage waiver) or just use your own insurance (or a credit card’s), I recommend spending the 10 minutes to read this post. If you don’t have time, then at least read the last two paragraphs, which are:

“The take-away from all this: No alternative source of collision damage coverage — your auto insurance, your credit card or a third-party — completely isolates you from risk. Lots of travelers successfully rely on lower-cost alternatives to a CDW without encountering any problems, sure. Occasionally, however, your own insurance, credit card or third-party policy may not cover an unusual charge a rental company might impose.

If you’re unwilling to accept any risk at all, you might want to buy that overpriced CDW. For most travelers and circumstances, credit card or third-party coverage is sufficient, and primary coverage is a lot better than secondary.”

Check out the full post here.

Related: What to Do When You Get Two Rental Car Keys



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Johnny Jet

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Johnny Jet
I used to be afraid to fly and at times even leave the house! I conquered my fear (long story) and now I travel to 20+ countries a year sharing my firsthand knowledge, tips and deals with friends, family and readers. Please sign up to our free newsletters and tell your friends!

1 Comment on "Should You Buy Insurance From a Car Rental Company?"

  1. Many people forget that their trip cancellation and travel health insurance policy may have some rental car coverage along with it. It is important to know all your policy features.

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