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Car Insurance News

Credit card rental car insurance is a characteristic which covers injure caused to a rental car by collision and/or theft. The insurance is intended to pick up where your primary insurer’s coverage leaves off, which includes paying your deductible. If you have no car insurance, your credit card company may do something as your primary insurer (terms vary by company, so read the fine print to determine if your card carries this benefit). (Know which credit card rewards program is right for you before signing up. Learn more in Take Advantage of Your Rewards (Card).)

For the credit card coverage to begin, you need to begin and pay for the rental car with the credit card which carries the coverage. When encouraged by the rental company to obtain their collision damage waiver (CDW) insurance, you must refute their coverage. You must be the primary occupant of the car. Unless a defeat occurs there is no need to inform your credit card company.

In the episode of an accident, you will require to provide your credit card company with printed notice of a assert. Submit your claim as soon as possible in order to receive paybacks.
Activating the policy may be simple, but as with any insurance or credit card accord, there are several limitations you need to be conscious of. Here are a few points to discover:

Terms and Conditions
Coverage requirements fluctuate by credit card company (American Express, MasterCard, etc.), the credit card plans presented by the company (Gold, Platinum, etc.), and whether your card is for a personal or business account. What Kind of Car There are boundaries as to which types of vehicles are enclosed. Most plans will not plaster vehicles that sell for more than a definite dollar value, or subject vehicles together with antique cars, campers or sports cars.

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This entry was posted on Friday, June 4th, 2010 at 7:06 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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