Can you pay insurance with someone else's credit card?

Yes, you can use someone else's card to pay your insurance premium, but first you'll need to get their permission. Yes, car insurance can be paid with a credit card, but that may not always be the smartest course of action. Before you decide to pay for your car insurance with your card every month, check if your insurance company will charge you fees for paying by card. While they may charge a fee for monthly payments, they generally don't charge fees if you pay your annual premiums in full with a credit card.

At least in the individual market, insurers are required to accept money orders and prepaid debit cards. They don't have to accept credit or debit card payments unless states require it, although many insurers currently accept all of these forms of payment. Therefore, it can vary from state to state and between insurers. When car rental insurance is included as a benefit on your credit card, you don't need to pay to use it.

Most travel rewards cards come equipped with special car rental insurance that allows you to bypass the rental company's insurance. If you decide not to use your credit card to pay your car insurance premiums but want the convenience, there are other methods. When it comes to paying for your car insurance with a credit card, there are some questions and some people wonder if it's possible. If you set up automatic payments for all your bills through your credit card, you no longer run the risk of falling behind on your car insurance payment, since you'll never have to worry about whether you've forgotten to make a payment.

Most credit cards offer secondary coverage, meaning that the coverage takes effect after the personal auto insurance policy. Before buying insurance at the counter, check if you're covered by your personal auto insurance policy or by your credit card. That said, to use your credit card's rental car insurance benefits, you must be charged the full cost of the rental. Car rental insurance can be a valuable credit card benefit that allows you to skip buying coverage at the rental counter.

Next, CNBC Select explains how rental car coverage with a credit card works and lists some of the best cards that offer this benefit with information on the rental car insurance coverage you get with each one. In the event of an accident, theft, or damage, you'll first need to file a claim with your own car insurance company before filing a claim through your credit card insurance provider.

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