I love their official catch phrase: "Not your car, but still your problem" So true!
@KODmasta07
Ай бұрын
Underrated video, should have more views! Appreciate the explanation. Wasn't aware the coverage doesn't work in Italy
@OfficialChadsMoneyMinutes
27 күн бұрын
Much appreciated! I tried to lay everything out to save people the time and hassle of thumbing through the paperwork. There are some key countries that give all of the comparable CDW products issues.
@edicarlosvieira7887
2 жыл бұрын
Great, I use it all the time! The last time I rent compact car, but they gave me a BMW. A truck drove by and a rock hit the windshield and crack it a little bit. I called American Express and right away the gave me the claim number. I returned the car expecting them to say something, but hertz said that I was all set. What a nice treatment for being a member. I love this card. I don’t care about the credit like Uber or any other credit that they are giving me. I care about the treatment that I receive everywhere I go!
@OfficialChadsMoneyMinutes
2 жыл бұрын
That’s fantastic! I activated it on my card but haven’t used it. I’m very happy to hear that they stand by their service and that it worked so well for you!!
@edicarlosvieira7887
2 жыл бұрын
@@OfficialChadsMoneyMinutes thank you for sharing this important point of view. Lot of people do not know how great this card is! Great job 👏🏽
@softwarephil1709
Жыл бұрын
Thank you! Excellent information. I have the Platinum Card, but I had not heard about the option for getting primary CDW coverage. I just enrolled for the $100k coverage.
@OfficialChadsMoneyMinutes
Жыл бұрын
Glad it was helpful! While it is not a native benefit I'm ok with the pay per use function cuz at least you get a few points for your trouble lol
@lemon271121
2 жыл бұрын
Thank you for the thorough explanation! I enrolled right after watching your video!
@OfficialChadsMoneyMinutes
2 жыл бұрын
Glad it helped! It's super convenient!
@SpencerJohnsonOfficial
2 жыл бұрын
Great breakdown Chad. That makes a whole lotta sense to me now. I’m glad you’re making all these videos on the different benefits because once I get the platinum one day, I’ll have to refer back to these to make sure I get the value I paid for in that AF!
@OfficialChadsMoneyMinutes
2 жыл бұрын
As always I appreciate you coming through it’s my sincere hope that all members be they: soon to be, new, or vets can get some value from this.
@SpencerJohnsonOfficial
2 жыл бұрын
@@OfficialChadsMoneyMinutes Well you’re doing a great job man!! Keep it up.
@camselle
4 ай бұрын
thanks so much.. checked out site & looks like as of this writing May 24, Amex Platinum holders are automatically covered as long as they use that card to pay for the complete rental. works 4 me. Just 2 be even safer I bought the Primary Extra protection for $16
@OfficialChadsMoneyMinutes
4 ай бұрын
Sweet I'm happy to have been of some assistance.
@RoyalSussex1
3 ай бұрын
Thanks for the Great Info!
@OfficialChadsMoneyMinutes
3 ай бұрын
Thank you so so very much!!!
@janslizka8146
5 ай бұрын
thank you so much great video .we travel next week to France I had no idea I can do that
@OfficialChadsMoneyMinutes
5 ай бұрын
Have fun! We went for our first time in 2023 and it was our first major point redemption! I hope you have a great time and I'm here if you have questions!
@ScottoGrotto
4 күн бұрын
I have this coverage, every time i rent in the US, I get charged $30 in CA. Just got rear ended on Maui at a stoplight. But the offending driver pulled a u-turn and fled. We Called the police, accident report made. In a hit and run, will this still cover us? Thanks 🙏 And thanks for your expertise and sharing it!
@PhiPsiWildcat
8 ай бұрын
Great video. The cell phone protection benefit is a similar theme. I pay $8.99/mo for cell phone protection to AT&T. The coverage is beyond what the Platinum card provides but I think there's good value in it ($800 limit). I'm seriously considering cancelling my 3rd party coverage and just using the AMEX Platinum protection plan. I already switched my pmt method for my cell phone over to the Platinum card so that I have the option next month AFTER the first bill hits it. Be great to make a video about this benefit, Chad.
@OfficialChadsMoneyMinutes
8 ай бұрын
I did, kzitem.info/news/bejne/2n-C1phojmpkqJgsi=q3ityKj9fzu5VG4N
@masad.739
2 жыл бұрын
After watching your video, I decided to sign up for the premium car rental protection. During the enrollment process, I learned that this is not an exclusive benefit of the Amex Platinum card (although this benefit is explicitly listed for the platinum, not for (many) other cards). As it turned out, many other Amex cards are eligible for enrollment. Just FYI
@OfficialChadsMoneyMinutes
2 жыл бұрын
Yes I noticed that as well, I’m thinking that it used as a marketing point because for the AF and all of the benefits that the Platinum offers it does look a little strange that it doesn’t include primary CDW so most of its contemporaries do. I included it as a benefit per se in this series because most new card members are normally distracted by the other credits and allotments and aren’t aware of this option.
@DrJack55
Жыл бұрын
Thank you! This was what made me slightly regret the platinum vs Chase P/R. Secondary rental coverage :( its annoying that i have to enroll and pay, but thats dirt cheap considering
@OfficialChadsMoneyMinutes
Жыл бұрын
I totally agree! While it's not included it is pretty good coverage if you decide to use it.
@masad.739
2 жыл бұрын
I thought I was familiar with most of the platinum benefits, but I had missed this premium car rental protection! It seems like a great program. With a very small fee, we get to file a claim with Amex and there's no deductible (if I'm not mistaken). Anyway, there's no reason not to enroll!
@OfficialChadsMoneyMinutes
2 жыл бұрын
This is true and most appropriate for those that do not have cards that offer the primary CDW as an included benefit. In addition to that it is charged on an as needed basis and if you live in florida it's only about $12 for coverage for a rental of up to 42 days!
@redbarchetta4
Жыл бұрын
So you would need to still add liability but decline the damage waiver thru the rental car agency?
@OfficialChadsMoneyMinutes
Жыл бұрын
yes that is correct, liability coverage is not included
@redbarchetta4
Жыл бұрын
@@OfficialChadsMoneyMinutes thanks so much
@srujankumaryeravelli7946
6 ай бұрын
Hi Chad, Does the protection plan covers the damage caused by other person who is an authorized additional driver for the rental car?
@OfficialChadsMoneyMinutes
6 ай бұрын
yes as long as they are on the rental agreement or are approved to drive under the agreement.
@munchymunch8698
Ай бұрын
If I have a car rented already can i still enrol for this benefit to be added Thanks
@OfficialChadsMoneyMinutes
Ай бұрын
I do believe the feature has to be activated on the card at the time of purchase since enrollment is required.
@munchymunch8698
Ай бұрын
@@OfficialChadsMoneyMinutes I enrolled 12 or so hours after after speaking to a rep, I was told that aslong I haven’t picked up the car yet thats fine, I can enroll and once Amex picks up the charge for the rental company the insurance will be added, if not to call and they will add it manually just aslong as I haven’t picked up the car yet. It added automatically,
@paulcaskey
Жыл бұрын
Good information, thanks for sharing.
@OfficialChadsMoneyMinutes
Жыл бұрын
Absolutely! My pleasure to help!
@noble78b
5 ай бұрын
I just got the platinum card. I’m counting on KZitem to get the most out of it. lol
@OfficialChadsMoneyMinutes
5 ай бұрын
Hey I got you, l have the playlist here and feel free to ask me whatever!
@barkevvv
Ай бұрын
does this work for international rentals?
@OfficialChadsMoneyMinutes
Ай бұрын
Yes it does except in select countries: Australia, Ireland, Israel, Italy, Jamaica, New Zealand and anywhere else that would violate US trade sanctions.
@jerrell1977
4 ай бұрын
Thanks good information
@OfficialChadsMoneyMinutes
4 ай бұрын
Any time
@Semper2003
2 ай бұрын
Is this protection only for platinum or also gold etc
@OfficialChadsMoneyMinutes
2 ай бұрын
It is available for all cards as you register them individually.
@Semper2003
2 ай бұрын
@@OfficialChadsMoneyMinutes thank you
@davemartinez4143
Жыл бұрын
Thanks for the video. Learned something new. I have the CSP and i usually use that. But With the platinum card you usually get a better deal on the rental. Now i have to make a decision???
@OfficialChadsMoneyMinutes
Жыл бұрын
I believe coverage is potentially higher with Amex, but make sure that don’t forget that the Amex coverage is billed to you in a per use basis while the coverage on the CSP is included with the card. Now if the higher coverage is a sticking point then go with the Amex I just want you to know all of the info involved
@davemartinez4143
Жыл бұрын
@@OfficialChadsMoneyMinutes thank you I just signed up through American Express.
@tkjsm9960
3 ай бұрын
Thank you. I have one question, so if I rented the car for just a week. Can I use the same insurance again after two months?
@OfficialChadsMoneyMinutes
3 ай бұрын
No the insurance is good for 42 days but if you end the rental you will have to pay again to reset and reactivate it
@ismailbaig6396
6 ай бұрын
Does it cover the second driver who is added in the rental agreement?
@OfficialChadsMoneyMinutes
6 ай бұрын
Yes it does!
@masad.739
2 жыл бұрын
Being the primary coverage is great enough, but there's not even deductibles!
@nubianpwr
2 жыл бұрын
I'd never pay Amex to convert its secondary CDW coverage to primary... why? Both CSR and VentureX offer primary for "free", and have much much better point multipliers on car rentals 10x compared to Platinums 2x (I think) via the portal. They can & should do better🤨
@OfficialChadsMoneyMinutes
2 жыл бұрын
I see where you’re coming from and you can add the CSP to that list as well with its affordable $95 AF. However there are some Amex loyalists out there who want to keep it all in house, and there are people in the game who live about 5/24 without a sapphire card lol. I agree at the level that Amex plays I don’t see why it wouldn’t be included ……
@LWDRUDY
2 жыл бұрын
I just visited the amex policy website on car rental converge and it stated that it was secondary coverage.
@OfficialChadsMoneyMinutes
2 жыл бұрын
I just double checked and both options 1 and 2 stated that they have $100K and $75K primary coverage for damage and theft in the T's & C's
@LWDRUDY
2 жыл бұрын
@@OfficialChadsMoneyMinutes I apologize. I take it back and now have enrolled in the benefit plan. It is actually $17.95 for the top tier plan. Thanks!
@luismendoza7739
10 ай бұрын
Subbed
@OfficialChadsMoneyMinutes
10 ай бұрын
Welcome and thanks for the support!
@ajc4132
Жыл бұрын
Does this protect one for damage to someone else’s vehicle or medical coverage?
@OfficialChadsMoneyMinutes
Жыл бұрын
Unfortunately this only protects you from the liability for damages to the car that you rented and any costs incurred if you are in a collision.
@driplord1985
Жыл бұрын
Can you make a video on Amex gold premium car rental protection? Or is it the same thing?
@OfficialChadsMoneyMinutes
Жыл бұрын
Unfortunately it's the same thing you just activate this CDW on your gold card. Sorry.....but it all works the same way so that's a plus!
@driplord1985
Жыл бұрын
@@OfficialChadsMoneyMinutes awesome thanks for the quick reply. Subbed n liked
@jasonjunior1848
Жыл бұрын
Do you have to be the primary driver? What if you pay for a rental for someone else?
@OfficialChadsMoneyMinutes
Жыл бұрын
NO, as long as the driver is an authorized member on the rental agreement the CDW perk WILL cover them!
@doclobojavi
Жыл бұрын
Which country is Kober I’m going to Honduras and I don’t know if is cover
@OfficialChadsMoneyMinutes
Жыл бұрын
You are all set for Honduras!
@fdr1516
9 күн бұрын
But where do you pay the 15.25 at?
@OfficialChadsMoneyMinutes
5 күн бұрын
The fee that you pay for the insurance depends on your home state and it is charged to your card directly
@thithicali
Жыл бұрын
Chase sapphire and reserve offer free up to 30 days.
@OfficialChadsMoneyMinutes
Жыл бұрын
Thanks for the data point! Gotta love that Visa Infinite life!
@thithicali
Жыл бұрын
@@OfficialChadsMoneyMinutes but do not get them until they build their own lounge at the airport. 😆 AE have more and best lounge so far.. I just did not like the idea they will stop allow 2 guests in 2023. It would be nice if they allow at least 1 guest which is yr partner.
@heinzh5687
Жыл бұрын
Hi Chad, do you know if this also covers "Loss of use" that rental car companies will hit you for if you're in an accident?
@OfficialChadsMoneyMinutes
Жыл бұрын
So sorry for the late response but yes loss of use is covered under the stated coverage limit that you pay for.
@heinzh5687
Жыл бұрын
@@OfficialChadsMoneyMinutes awesome, thanks God bless
@llmandoii8493
Жыл бұрын
If I rent a car now, but don’t pick up till a month. Should I enroll now for Amex premium or wait till the week of car rental?
@OfficialChadsMoneyMinutes
Жыл бұрын
It depends on how long you are keeping the rental for because if you are keeping it for more than 12 days then you will run out the insurance from the time that you paid for the rental. So that is something to keep in mind. Also when you sign up the insurance is pay per use and you don't carry the bill until you make a rental and then it's only a one time charge.
@llmandoii8493
Жыл бұрын
@@OfficialChadsMoneyMinutes ok. So then I will just reserve the car rental and then a week before enroll into the Amex premium coverage
@edawr
Жыл бұрын
does anyone know if you can add more than 1 driver?
@OfficialChadsMoneyMinutes
Жыл бұрын
To my understanding the insurance should cover the drivers that are allowed per the rental contract Amex would just cover the asset
@mynextpair1913
Жыл бұрын
Does Turo count as car rental company?
@OfficialChadsMoneyMinutes
Жыл бұрын
I will have to confirm but I’m pretty sure since they facilitate peer to peer transactions they would code as a service provider. In addition to that they technically don’t have a fleet of cars.
@luismireles1938
Жыл бұрын
Is there a deductible?
@OfficialChadsMoneyMinutes
Жыл бұрын
No once you pay you are protected as long as you follow their protocol.
@AlldrinksonmegasonE
Жыл бұрын
This doesn't work in JA!? Damn...
@OfficialChadsMoneyMinutes
Жыл бұрын
Yeah unfortunately I've noticed that is the case of more than one CDW plan 😔
@taurusrio
Жыл бұрын
What a bout liability?
@OfficialChadsMoneyMinutes
Жыл бұрын
I'm so sorry I missed this but no liability is not included in this coverage
@fahmiimteaz6469
11 ай бұрын
Is the companion card holder covered?
@OfficialChadsMoneyMinutes
11 ай бұрын
Yes as long as the card is registered with the program.
@joeatellez1688
10 ай бұрын
Do you have to rent the car thru amex travel portal or it can be anywhere else like expedia or directly with the rental car company?
@OfficialChadsMoneyMinutes
10 ай бұрын
You can rent anywhere as long as you use the registered card as the payment method. I particularly prefer to rent direct from the rental company to reduce the amount of hands in the mix if there is an unfortunate event.
@joereuter9741
2 жыл бұрын
Does this cover liability as well ?
@OfficialChadsMoneyMinutes
2 жыл бұрын
Unfortunately no it does not
@boduke6306
Жыл бұрын
You’re an intelligent sounding, well spoken grown man with no business saying something is “clutch.” Lol. Stick to the words of our age group like excellent or fantastic. Thank you for taking the time to make an informative video. P.S. You said you like feedback so there it is, my nickels worth of advice
@OfficialChadsMoneyMinutes
Жыл бұрын
Duly noted
@M.G.O.2.3.9
8 ай бұрын
🫡🫡🫡
@FF-xl7yw
2 жыл бұрын
are you sure you are mixing your claims with another Amex card? Amex platinum ONLY covers for 30 straight days! I don't believe you know how the Amex "PLATINUM" WORKS.
@OfficialChadsMoneyMinutes
2 жыл бұрын
I am very sure that I’m not “mixing” claims as this is a paid and not complimentary benefit available on MULTIPLE Amex cards. And you are right PARTIALLY as the benefit has a maximum time frame of 30 days for WASHINGTON STATE residents and up to 42 days aka 6 weeks for others! I don’t believe you know how “CONDESCENSION” WORKS.
@junitolopez3762
Жыл бұрын
Their websites states 42 consecutive days, including for rentals of eligible luxury cars.....
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