AIG Car Insurance Coverage for Rental Cars - Avoid This Trap

AIG car insurance coverage for rental cars - is this a trap you should avoid at all costs? The answer depends on several things. You never want to get caught without insurance, but deciding whether on not to take out insurance on a rental car isfrustrating and confusing. You don't want to risk not being covered, but you don't want to fall into the trap of paying twice for the same thing.

Don't fall into the trap of double paying for rental car insurance by just assuming you need it. Before you rent a car, it pays to make a couple of phone calls. The first call you should make is to your credit card issuer. Credit cards come with all types of benefits and perks. This how credit cards lure you into choosing their credit card over others. After you get the credit card, you often forget all about those benefits and perks - just what the credit card company is counting on.

Call the toll-free number on the back of your credit card and ask about rental car insurance and benefits. If your credit card company covers rental cars, you will usually have coverage for damage to or loss of the rental car. Credit card companies don't usually cover bodily harm, damage to other cars in the wreck or personal liability.

If your credit card company provides coverage for car rentals, have them send the written policy explaining your coverage to you so you have it in writing. Also be aware that credit card companies change their perks and benefits often. Just because they had rental car insurance six months ago, it doesn't mean your covered now. Always check before you rent a car.

The second call you need to make before you buy AIG car insurance coverage for rental cars is to your regualar car insurance agent. Ask if a rental car is covered if you have a wreck and your regular car is out of commission for two or more weeks. Many times, regular care insurance pays to have your car repaired, but it won't cover a rental car while your car is being repaired. This can be quite expensive running anywhere from a couple hundred to $500 or more.

If you're more concerned about renting a car during travel, ask about your coverage for both business and pleasure. Many times the coverage is different depending on why you're renting the car. If you have comprehensive coverage with your usual insurer, you' most likely be covered if the rental car is stolen or damaged. Ask your insurace agent if your regular car insurance covers towing charges, administrative fees for your rental car. If your standard insurance covers these fees , don't waste money by paying twice for the same coverage.

Whether you're thinking about getting AIG car insurance coverage for rental cars, taking advantage of the benefits and perks your credit card offers, or using your usual car insurance coverage it's important to always check. Let's face it, insurance isn't fun. It's confusing, boring, seemingly unneccelay, and something we would really rather not deal with. But it's great to have when something happens.

Don't take insurance coverage lightly. Avoid the trap of paying double for something you don't need by taking the time to make both of these calls. Call your credit card company, your regular insurance agent, and third parties like AIG car insurance coverage for rental cars before making any hasty decisions about rental car insurance.