To maximize your Chase Sapphire Preferred rental car insurance benefit, decline the rental car company's coverage and charge all car rentals to your card. This benefit covers damage due to a collision or theft, up to the actual cash value of the rental car. Chase Sapphire Preferred also awards cardholders with 2 points per $1 spent on car rentals, and you should make sure to redeem for travel to get maximum value.
Chase Sapphire Preferred's rental car insurance coverage isn't...