Originally Posted by ehlfg
See
here. Note that signing up will automatically trigger the $24.95 charge for each car rental you make thereafter. Some people report signing up, using the coverage, then dropping the coverage after the rental is over.
FYI. I just got an ad for this in the mail. There is also a $19.95 level of coverage that includes slightly lower maximum benefits.
More importantly, the AMEX policy regarding paying for the rental also excludes DISCOUNTS (e.g. AAA 10% CDP, etc.). This basically means that nearly every business traveler, and many leisure travelers worth their salt would be excluded! (Everyone on this board, right?)
I spoke to a rep today who confirmed this. However, I could not get a supervisor on the phone to confirm (waited 10 min and gave up) and I have not seen it in writing. If this is correct, AMEX should be ashamed of this deceptive practice.
Really, how many people a renting cars at the "rack" rate? And howdoes my 5% off savings affect insurance coverage?