Welcome to the Bigger Pog its Money Podcast where we talk to Amanda Han and discuss whether the luck winner of the

HGTV Dream Home can actually afford to live there. Hello, hello, hello. My name is Mindy Jensen and with me as always is my HGTV

Sweet Steak Center in Coho's Scotch Trench. I did enter Mindy, but today I think is gonna be a reality check.

Scott and I are here to make financial independence less scary, less just for somebody else.

To introduce you to every money story because we truly believe financial freedom is attainable for everyone, no matter when or where you're starting.

That's right, whether you want to retire early and travel the world going to make big-time investments in assets like real estate, start your own business,

or figure out how to deal with the tax ramifications of winning a large sweepstakes.

We'll help you reach your financial goals and get money out of the way so you can launch yourself towards those dreams.

Scott, we have created a new segment called the Money Moment. This is the segment where we look at a Moneyhack,

Tip or Trick to help you on your money journey. Today's Money Moment, did you know that a lot of private auto insurance policies

and many major credit cards provide coverage for rental cars, particularly when rented for personal use instead of for business.

Check the policies to make sure, but chances are good that you can save money on your car rental and skip the expensive insurance

coverage the rental company offers. Some of the best travel rewards cards provide rental at car insurance

that may let you skip the rental company's collision damage waiver.

If you have current car insurance that includes collision, comprehensive and liability coverage,

your auto insurance policy likely will cover you in the event your rental car is damaged in an accident.

Of course, you should check with your insurance company to make sure before you wave that policy from the car companies.

And, Mindy, in my case, both my auto insurance and my credit card have coverage here.

So there's no reason for me to sign up for that insurance option when renting a car.

Yes, same with me, but make sure that you rent the car with that credit card.

Otherwise, you are out the ability to use that coverage when you, it should you have an unfortunate accident.

All right, it's got today. We're talking to Amanda Hahn about the tax implications of winning the HGTV Dream Home.

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