Biz Write-Offs LogoBiz Write-Offs

Rental car insurance

$15-$40/day

Is a Rental Car Insurance Tax Deductible?

Short answer: Yes when tied to business travel: Rental car insurance is deductible for trips that are mainly business.

Personal trips don't count, and memberships used for both get split. Lounge memberships carry extra audit risk.

Records to keep: Keep the receipt or invoice and an estimate of business-use percentage.