Credit Card Glossary
Rental Car Insurance
This is a perk offered by some credit cards that is particularly attractive to the frequent traveler. Rental Car Insurance covers the cost of auto rental loss and damage should you need it after renting a car.
Check the fine print to see if your card offers rental car insurance. If it does, your card probably has a higher annual fee. However if you rent a lot of cars this may be worth it as it means that you don’t have to buy the overpriced rental car insurance offered by the car rental companies.