why do credit card companies cover some portion of the rental car insurance -- it seems like they shouldnt be in the business of doling out rental insurance.
probably, many of the claims that people made for having been wrongfully charged on the credit card had to do with rental car companies (who are known to be pretty strict about damages etc) which id imagine that customers would claim they were wrongfully charged by the rental company and the credit card folks figured it would be cheaper to offer the insurance rather than spend the money in fighting the claims over unfair transactions.
anyone have better ideas?
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Most credit card companies offer supplemental auto insurance, it is covered after ur insurance exhaust..
Some credit companies want you to pay your damages upfront, and then claim reimbursement from them...I am sure if you read their fineprint, there r clauss which clear them of all fraud
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