Michelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a ...

“Leases & Rentals.” Dollar. “Loss Damage Waiver.” AXA Travel Insurance. “Collision Damage Waiver for Rental Cars: Coverage, Costs, and What’s Excluded.” ...

The Platinum Card® from American Express has secondary rental car insurance with optional flat-fee primary coverage.

an LDW is not insurance. Rather, it is a contractual agreement that waives the renter's financial liability if their rental car is vandalized, stolen or damaged in an accident. An LDW may also be ...

Your personal car insurance (and sometimes your credit card) can cover a rental car, but there are still some situations where buying extra coverage, like a collision damage waiver, may be a good ...

Related: All you need to know about using a debit card to rent a car The car rental insurance from your credit card is technically called an "auto rental collision damage waiver." This benefit ...

AND IF YOU DECIDE TO ADD EXTRA INSURANCE, CONSIDER ADDING UP TO THREE TYPES. COLLISION DAMAGE WAIVER, WHICH COVERS DAMAGE TO THE CAR IN CASE OF A WRECK. LOSS. DAMAGE WAIVER, WHICH PROTECTS YOU ...

Her full coverage auto policy covers rentals, so she didn't feel the need to buy Avis' collision damage waiver, or CDW. "I don't take their insurance because my insurance's supposed to cover all ...

Yes, “credit cards [with a collision damage waiver (CDW)] offer a form of rental car insurance, but [unlike personal auto insurance] it only covers the car,” said Rob Bhatt, an insurance ...

Below, CNBC Select details the best credit cards to use when renting a car, including those that offer collision damage waiver insurance as well as other perks such as automatic elite status.

Before you purchase insurance at the counter ... usually require that you decline the car rental agency's Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW). What's the difference between ...

Some rental companies refer to SLI as supplemental liability protection (SLP) or liability insurance supplement (LIS). A collision damage waiver is technically not insurance but waives your ...