Should I Decline Coverage When Renting A Car?

Declining coverage when renting a car depeneds on several factors: your insurance status, wether you''re using a personal or corporate credit card, and the type of car you''re renting. Sometimes credit card insurance doesn''t cover some types of cards. Also making a claim on a rental car may raise your rates if you opt to use your own laibility insurance. Using corporate cards comes with their own policies for rental cars and handling accidents.

Prices for the Loss Damage Waiver or Collision Damage Waiver aren''t very expensive and run about $15 a day. They should cover whatever costs that are incurred from repairing the vehicle. Optional liability insurance is also offered around $9 a day with personal effects coverage running around $1.25 a day. Ultimately, choosing to be covered would depend on all of those factors mentioned above.