Rental Car Insurance Ripoff
When you rent a car, they typically will ask if you want collision coverage (called a collision damage waiver, but essentially is insurance with a $0 deductible) and usually the correct answer is NO. If you pay with a credit card, most of the time they offer collision coverage free of charge. If you have automobile insurance, then you will probably be covered. But in some small instances, you actually aren’t covered and should be getting it…
If you have auto insurance, then you will, required by law, have liability insurance to cover you if you hurt someone in an accident. Damage to the car would fall under comprehensive and collision insurance - which isn’t typically required by law.
With a credit card, if you charge the entire cost of the rental to the card, you will be covered (if your card offers it). Even if your card covers it, double check what agencies and what car classes are covered (you’re probably not covered for that Bentley you’re renting by the hour down in Miami!) - you may find yourself in a rough spot otherwise.
In any case, always double check because those fees can be around $15 and you may not even needs it. Its common knowledge that rental agencies make a killing off these insurance plans, don’t become another one of the suckers they fleece.