Fiction: I should always buy car rental insurance when renting a car.
Fact: According to a recent survey by the National Association of Insurance Commissioners, 62 percent of consumers don't believe their personal auto insurance automatically covers rental cars. In most cases, however, your personal policy will extend to a rental car. Just be sure to call your carrier to confirm what your policy covers (e.g., damage, theft, liability). You may also get some form of rental car coverage through your credit card, as long as you charge the rental to your card. If you choose to rely on insurance from your credit card, call your company first to find out exactly what kind of coverage it provides.
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