A form of pseudo-insurance
covering theft, loss, or damage to a rental car
. In most cases it is a complete waste of money. If you have auto insurance you're generally covered in a rental car. Many credit card
s also offer supplemental insurance which cover people who do not have auto insurance and in some cases items not covered by normal auto insurance.
Most coverage has a $250.00 deductible per Accident.
They tend to have the obvious exclusions to coverage:
1) Use of vehicle in criminal acts
2) Forgery or other deciet when obtaining vehicle
4) Taking the vehicle any place besides a paved public road
5) Using the vehicle for hire