texasdiver wrote:...I guess I will try it out this time in Costa Rica.
rfburns wrote:You are confused. Look again. The protection is PRIMARY coverage which places your own coverage secondary. I'm enrolled and use my card for car rental every time.
texasdiver wrote: I'm much more worried about a major hassle with a Costa Rican car rental company who found a scratch on the wheel and a dent in the bumper when my international flight is 3 hours away as they are liable to do in Latin America. I've rented cars in Guatemala, Costa Rica, Honduras, Brasil, Uruguay, Argentina, and Chile and it's always an adventure, even from the major US brands as they are usually locally-owned franchises. For me the $24.95 seems well worth it to let AMEX deal with that hassle if it comes to it.
strafe wrote:No, it is not worth getting, for two reasons.
(1) Unless your auto insurance covers international claims, the credit card's default "secondary" policy becomes primary.
(2) AMEX (including the 'premium' coverage) and MasterCard do not cover "loss of use" charges which can exceed the actual cost of repairs. AMEX will only pay if provided "fleet utilization" logs by the rental car company, which none of them are actually willing to do. Anecdotally, VISA Signature is much better about this.
If your main purpose in all of this is to avoid dealing with a shady foreign rental car company, you should just buy their (expensive) loss waiver and be done with it. Filing a claim through AMEX or any other third party would be just as much of a hassle with or without the 'premium' coverage. You'll find yourself coordinating the claim between the credit card company and the rental company.
Also, remember none of these policies provide liability coverage.
strafe wrote:(2) AMEX (including the 'premium' coverage) and MasterCard do not cover "loss of use" charges which can exceed the actual cost of repairs. AMEX will only pay if provided "fleet utilization" logs by the rental car company, which none of them are actually willing to do.
rapscallion wrote:I don't believe the $25 provides any liability coverage. Something to keep it mind.
Leesbro63 wrote:I am reviving this thread. Is there a Mastercard or Visa card that offers a similar program?
moolman wrote:I'll be renting a car in Europe and see no reason to use the AMEX premium insurance. Am I understanding this right?
In the states, I always get it no matter what since it's PRIMARY insurance. I have an insured car in the US with full coverage, so if I damage the car, AMEX pays for the car, my insurance would not. Using regular credit card rental insurance would mean that it's secondary, so my insurance pays first and credit card company pays second, usually the deductible if any.
Overseas in Europe, I have no primary insurance. So even the basic credit card insurance is PRIMARY, so I was looking at my Visa Signature rental car coverage vs the AMEX premium and I think you just get some extra personal property insurance with the AMEX but for the car, Visa Signature is primary and covers loss of use too.
Am I missing something?
umfundi wrote:I suggest you call your insurance company, AMEX, and also whatever card you are contemplating using to be sure what your options are. You might also check with the car rental company ahead of time.
In my experience, if you refuse coverage from the rental company for an overseas rental, they will demand a very large "in case" provisional charge on your credit card. To me, $25 per rental (not per day) from AMEX is well worth the peace of mind, especially overseas.
that lizard doesn't cover me outside of the US.
umfundi wrote:Notwithstanding the British accent?
etarini wrote:I thought it was an Australian accent.umfundi wrote:Notwithstanding the British accent?
Coverage is worldwide, except for vehicles rented in Australia, ...
LadyGeek wrote:FYI - Discussions which bypass the law or suggest dishonest behavior are totally unacceptable here.
briguy7676 wrote:I know this is late, but I've been researching this as well. The coverage on the AMEX premium is primary and DOES cover loss of use.
rooms222 wrote:Delta Community Credit Union (which anyone can join through joining an affiliate) has $25,000 of free primary coverage, good in all countries, and then backup coverage through Visa. Details are found here: https://www.deltacommunitycu.com/Specia ... artid=4205