The U.S. Bank Altitude Connect Card does not offer rental car insurance. But there are other U.S. Bank cards that do have this benefit, which covers theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees and reasonable and customary towing charges. Cardholders are covered up to the actual cash value of most rented cars up to $50,000.
To get coverage, a cardholder must pay for the rental entirely with an eligible U.S. Bank credit card or rewards. Examples of eligible cards include the U.S. Bank Altitude Reserve Visa Infinite® Card and U.S. Bank FlexPerks® Gold American Express® Card.
If you’d like a credit card with rental car insurance, there are plenty of options outside of U.S. Bank, too.
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No, you do not need insurance to rent a car because rental companies have their own insurance. Rental car companies usually provide minimum liability coverage only, so if you don’t have personal insurance, you’ll probably want to purchase extra rental car insurance through the rental company. If your personal car is insured and you pay for your rental with a credit card, you can probably skip the optional coverage offered at the rental counter.… read full answer
You don’t have to purchase all of these coverage types to be protected while driving your rental. But minimum liability insurance carried by the rental car company isn’t enough protection if you get into an accident.
When You Don't Need The Rental Company's Insurance
Before you buy the rental company’s insurance, you should consider what coverage you may already have through your personal car insurance. The coverage limits and deductibles you have on your personal vehicle typically still apply to rentals, as long as you’re renting for personal use. Many major credit cards also offer coverage for rental cars if you pay with your card and decline the collision damage waiver offered by the rental company.
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