Car Rental Insurance

The next time you rent a car, don’t pay the inflated insurance rates offered through the rental company. LGFCU offers a no-cost alternative from Visa® to ensure you’re protected.

Visa Auto Rental Collision Damage Waiver

Although your primary auto insurance provider may cover you when you rent a vehicle, the Credit Union offers an additional solution from Visa that can protect you for free.

The Visa Auto Rental Collision Damage Waiver Program provides 24-hour coverage—at no additional charge—on damage caused by collision or theft. This benefit provides reimbursement up to the actual cash value of most rental vehicles, provided specific terms and conditions are met. If you are a valid cardholder with your name embossed on the U.S.-issued Visa credit card, then you are eligible to take advantage of the program.

The next time you rent a car, simply review and complete the entire rental transaction with your eligible Visa Credit Card. Then decline the auto rental company’s collision damage waiver option or similar provision.

Insurance products are not deposits and not federally insured or guaranteed by your Credit Union.

Next Steps

Protect yourself in a rental car without paying too much.