With the summer travel season heating up, countless consumers will soon face a question they have little idea how to answer: Would you like to purchase supplemental rental car insurance? In order to help travelers give a money-saving response, CardHub today released its 2016 Credit Card Rental Car Insurance Study, which compares the coverage that we automatically receive from plastic. You can find a few highlights below or you can visit their website.
- Best Issuer: Citi credit cards have the most favorable rental car insurance policies.
- Avoid Renting: A truck, open-bed vehicle, exotic/antique car, large van or full-size SUV if you want credit-card coverage, as many cards exclude them.
- Coverage Duration: Almost 40% of cards only cover domestic rentals for up to 15 days.
- Country Exclusions: Only Citi and Discover cards provide global coverage. Ireland, Israel and Jamaica are the most common exclusions among other issuers.
To check out the full study, including 8 Money-Saving Car Rental Tips, please visit: