Originally Posted by
flyquiet
What would be the insurance impact? Your travel credit card might cover the insurance, but if you pay with points, you would have to purchase coverage, no?
CiBC Visa actually gives you CDW/LDW on reward bookings provided the majority of the revenue (from those points) came from that card. I keep my old statements just for this reason.
OP, as a frequent renter of cars, unless you are cash strapped, I would not redeem your points for car rentals for less than 2 cents per point.
There are many OTA that will give you a better rate. Also check out Sixt which has very good rates in Europe.