Sojourner
Thinks s/he gets paid by the post
- Joined
- Jan 8, 2012
- Messages
- 2,617
As most of us are aware, many credit cards have been dropping their rental car insurance benefits. Only a fairly small handful of CCs now have any sort of traditional rental car coverage, and most of the cards that still do have annual fees.
I just this morning found out about a program that AmEx offers for most of its cards called "Premium Car Rental Protection". You must opt into it manually, but once you do, any car you rent on your AmEx card will automatically be covered under this plan. And get this... the fee is only $20 per rental (not per day) for up to $75,000 of coverage. This is an amazing deal compared to what rental car companies charge for similar coverage. You'd easily pay the rental car company over $150 to cover a two week rental, whereas with AmEx it's a flat rate that doesn't depend on the length of the rental. Automatically covers up to 42 days!
I plan on using my AmEx card exclusively going forward for any and all car rentals, both domestic and international. This rental car coverage benefit alone is enough to warrant keeping my AmEx card, which I rarely use otherwise as it only offers 1% cash back except for purchases at gas stations (3%).
Here are more details about the plan if you're interested.
https://feeservices.americanexpress.com/premium/car-rental-insurance-coverage/home.do
I just this morning found out about a program that AmEx offers for most of its cards called "Premium Car Rental Protection". You must opt into it manually, but once you do, any car you rent on your AmEx card will automatically be covered under this plan. And get this... the fee is only $20 per rental (not per day) for up to $75,000 of coverage. This is an amazing deal compared to what rental car companies charge for similar coverage. You'd easily pay the rental car company over $150 to cover a two week rental, whereas with AmEx it's a flat rate that doesn't depend on the length of the rental. Automatically covers up to 42 days!
I plan on using my AmEx card exclusively going forward for any and all car rentals, both domestic and international. This rental car coverage benefit alone is enough to warrant keeping my AmEx card, which I rarely use otherwise as it only offers 1% cash back except for purchases at gas stations (3%).
Here are more details about the plan if you're interested.
https://feeservices.americanexpress.com/premium/car-rental-insurance-coverage/home.do