Le Mans: GT Class
Join Date: Dec 2003
Location: Toronto, Ontario, Canada
Rental Insurance? No thanks.
Most of you probably already know about this, but for those that don't, (me being one of them), I was glad to hear this.
Many credit card companies offer a card with built-in rental car insurance so you can decline those absolutely gastly insurance costs. This winds up saving you money not only because you're declining the renter's insurance, but that if anything does happen and you use your own transferable insurance to cover the car, you won't get hit with a premium hike.
The only drawback is that most credit card companies require that you get a gold or platinum card, and SOME have annual fees.
I've found one without an annual fee and with a fairly low credit limit. It's well-worth it to me since I get rental cars everytime I go on vacation, or need to make a long road trip so I can keep my 3's mileage down. The cards also have built-in travel insurance and road-side.
Drive it like you hate it!