BUSINESS

Auto Rental Collision Damage Waiver A lot of credit cards.

Especially travel credit cards, provide coverage for rental cars in addition to any other insurance you may have.

This indicates that if your insurance does not completely cover the loss, the credit card coverage will only pay out. This inclusion can change in scope, so check the advantages guide.

Primary coverage is provided by at least one top-tier card, which pays out before your own insurance does.

It’s a unique benefit. That policy provides coverage up to a whopping $75,000.

Before purchasing the plan offered by the rental company, check the policy of your card.

When a trip you paid for with your card is canceled or delayed because of bad weather, an injury, illness, or something else you can’t control, this coverage kicks in.

Once your trip is close enough, many hotel and airline reservations are nonrefundable. This could mean the difference between a wasted vacation and a delayed one.

Also Read  What is covered by homeowner's insurance?

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