Looking to rent a car for your next road trip? It’s important to consider insurance coverage before hitting the open road. But if you’re a Discover cardholder, you might be wondering: does my card offer rental car insurance? Don’t hit the brakes just yet!
In this blog post, we’ll answer that question and give you all the details on what kind of coverage you can expect from your Discover card while renting a car. So buckle up and let’s find out if your wallet has got your back when it comes to rental cars.
What is Rental Car Insurance?
Rental car insurance is a coverage that protects you financially if something happens to your rented car while you’re driving it. The most common types of rental car insurance are collision and comprehensive; both of which will cover Damage You Cause, Loss of Use, and Personal Injury Claims. Many credit cards offer rental car insurance as a perk, but be sure to read the terms and exclusions before signing up.
If you’re planning on renting a car in the near future, it’s important to ask your credit card company about rental car insurance coverage. Many cards offer this coverage as a free benefit, but make sure to read the terms and conditions so that you know what’s covered and what isn’t. In addition to your credit card, many airlines also offer rental car insurance as part of their travel packages. So be sure to ask about specific policies before making your reservations!
What is not Covered by Rental Car Insurance?
There are a few things that are not typically covered by rental car insurance. Damage to the rental car caused by you or someone else who is not the rental company is not typically covered. In addition, damage to the vehicle that occurs while it’s in your possession is also typically not covered.
Also, insurance usually does not cover any loss of value caused by the theft of your rental car. Finally, coverage may be limited if you use the car for business purposes.
How much does Rental Car Insurance cost?
Your Discover Card may offer rental car insurance coverage, but be sure to read the terms and conditions. Many credit cards do not include rental car insurance as a benefit, but rather offer discounts on rates. When redeeming your rewards for travel, it may make sense to purchase rental car insurance through your card in order to receive the most benefit.
Rental car insurance typically costs between $10 and $30 per day, depending on the type of policy you choose. In some cases, you may be able to get lower rates by bundling your rental car with an auto insurance policy. If you have a high credit score or are using a premium travel credit card, be sure to ask whether your Discover Card offers rental car insurance coverage.
Can I get a discount on Rental Car Insurance?
If you have a Discover card, you may be able to get a discounted rate on rental car insurance. Many credit card companies offer rental car insurance discounts as an added perk for their members.
To find out if your Discover card offers a rental car insurance discount, visit the company’s website and look for the “Insurance” section. If your Discover card is affiliated with a specific insurer, it may list that insurer as one of the providers available to you. Or, you can call customer service and ask whether your card offers a specific rental car insurance discount.
If your Discover card doesn’t offer a specific rental car insurance discount, but you’re interested in finding out whether it’s likely that your policy would cover damage to or theft of your rental car, you can call the company that provides your coverage and ask about its coverage for rental cars.
Conclusion
If you’re a rental car driver, it may be worth considering getting insurance through your Discover card. Many rental car companies offer insurance as an add-on service, and often at a discounted rate. So if you have a Discover card and are renting cars frequently, it may be worth signing up for the protection. Just make sure to compare rates before you buy policy so that you’re getting the best deal possible.