Credit Tips
Written by carnold
Posted On: December 1, 2005
Author: wgben22
Posted: Sun Oct 30, 2005 5:13 pm
Post subject: Rental Car Insurance From Credit Card
Is it true that if you rent a car with a gold or platinum car i.e. Capital One Platinum, that you do not need to purchase the added insurance the rental company sells? If this is true, are there any pros/cons?
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Author: mouse
Posted: Sun Oct 30, 2005 6:04 pm
Post subject: Rental Car Insurance From Credit Card
YOU CAN’T ACCEPT THE RENTAL COMPANIES INSURANCE
Your car insurance is usually PRIMARY
So you have a $500 deductable…your credit card pays $500
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Curtis Arnold, a nationally recognized consumer educator and advocate, has been educating consumers about credit cards since 1998. Curtis is the author of "How You Can Profit from Credit Cards: Using Credit to Improve Your Financial Life and Bottom Line" (FT Press, 2008). He is also the co-author of the upcoming Complete Idiot's Guide to Person-to-Person Lending (Alpha Books/Pengiun Group USA, April 2009), a contribitor to The Ultimate Allowance (InnerWealth Publishing, 2008) and is extensively featured in 42 RulesTM for Driving Success With Books (Super Star Press, January 2009).
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