Credit card rental car insurance can save you a truckload of money. You won’t have to buy supplemental insurance from the rental company, and even more importantly, it covers you in the event of damage to or theft of a rental car. Coverage up to the cash value of a rental vehicle is typical, and the best credit card rental car insurance policies give up to $75,000.
Credit card rental car insurance policies are driven by three of the four major card networks: Visa, Mastercard and American Express. The other major card network, Discover, stopped offering its rental car insurance benefit in 2018. But individual credit card companies determine the specifics of the coverage that customers receive.