Staying in college is wonderful, carefree before embarking into the real world. The amount of workload of a student as compared to a workingman is not too burdensome, or at least it might be similar but not too much. Students can sleep soundly without worrying anything except an English exam the next morning, or at least skipping ice cream and Taco Bell sessions with their friends. At least they do not have to worry whether if they have to pay their rental, mortgage, utility bills or loans. With the increase in large amount of Internet, mails credit card offers and freebies, it is not shocking to find out that approximately 87% of undergraduate students have a minimum of one credit card on average balance of 2,500 pounds a month. Rates can be compared at http://www.imoney.my/credit-card If you are not too sure what and how to start with, you can look up http://www.imoney.my/credit-card/alliance-bank Read more @ http://www.squidoo.com/credit-card-fear-of-all-students

2.  Paying for car insurance is common
among many people, but if you are
planning to rent a car, what most people
did not know is that having a credit card
enables them to pay up the car rental
insurance.
 Having a car insurance may help you to
cover any damage that might occur.

3.  There are a few types of insurance
coverage, accident, liability insurance,
personal property damage or even
collision coverage.
 Certain credit card companies such as
Platinum or Gold cards are willing to pay
for the collision coverage.

4.  Some credit card companies are not willing to
pay for liability insurance or any other
coverage. This further needs you to fork out a
sum of money to pay or perhaps you can
check with your insurance agent to get further
details.
 Although some credit card does cover car
rental insurance, but it is always better to know
in advance what they can cover or what they
cannot cover. For instance, some credit card
companies will not pay high-end vehicles and
this includes SUVs. Similarly, some companies
will not even bother paying for drivers that
does not meet their requirement such as
teenage drivers.

5. Collision Damage
Collision damage includes personal
accident or accident in general or worst
still if the car is stolen and most platinum
and gold card will provide such coverage.
However, for some instance also, some
parts of your car may not be covered.
Therefore, it is best to get check with your
insurance agent.

6. Personal Coverage
When we speak about personal coverage,
it covers your personal items that that has
been stolen from the car, such as laptop,
luggage or any other valuable items. For
safety purposes, take some time to check
with your insurance agent in case anything
goes wrong.

7. Personal Accident
 Personal accident insurance is one of
the most essential coverage. Such
coverage provides medical benefits.
Some car rental companies will
automatically provide car insurance
without additional payment that has to
be made.

8. Verdict
Despite the benefits of having a credit
card, also bear in mind that some credit
card does not cover your needs and you
must be prepared to incur additional costs
for it. Nevertheless, it is worth buying car
insurance and this can be done through
monthly installment.