Question: Is the trip and rental car insurance you get with a mid level travel credit card worth anything? Will it actually cover a trip if a flight screws up a trip or a rental car gets damaged?
We hear from Clark a few things on warranties/insurance:
Never, never, not ever buy an extended warranty for an appliance, consumer electronics, etc.
Don’t buy rental car insurance at the rental counter.
Do consider buying an extended warranty/service contract, but only from the vehicle manufacturer, not a third party supplier, when buying a vehicle.
Consider buying trip insurance, but not from the trip supplier, but from a third party for the best coverage.
Any insurance/warranty/service claim can be very hard to get past exclusions when making claim.
I’m thinking about getting a travel credit card so I have some level of trip and rental car insurance should I have a problem on a trip (a cruise for example).
Most of the travel credit cards include some level or trip and rental car insurance. Coverage appears to vary a little. Also looks to be handled by a third party. I’ve only heard Clark discuss a claim or two.
Thanks for any thoughts or experiences.