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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309118  
Subject: Re: Saving vs. Paying credit card debt Date: 6/11/1997 11:07 AM
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<<However you do it, my experience has been to save a bundle by always declining the extra insurance from Car Rental Companies. It's very expensive, and they'll do everything to get you to take it--that's how they make the big bucks. >>

No question that declining additional insurance coverage is a TERRIFIC idea if, and only if, you are certain what is covered and what is NOT covered. It is really difficult to be in a forgien country, decline the rental car insurance coverage, get in an accident, and find that your options are limited.

So make CERTAIN that you know what is covered and not covered so you ARE able to decline this insurance. As Tony says, the insurance is expensive and could be unnecessary.

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