Traveling to Panama can be a very good experience unless you are renting a car.
Rent a car companies in Panama are nothing but Insurance Agencies making big dollars.
When I went to pick up my car I presented all my credit card documentation regarding car insurance coverage around the world. I even brought a letter itemizing all possible damages covered in case of an accident but the rental companies don't care about it. They tell you: you have to buy insurance or you don't get the car. Period.
This practice needs to end; it is a rip off.
If your credit card offered car insurance coverage for Panama why do travelers need to buy en extra insurance. What is the purpose of driving with 2 insurance policies?
There are many tricks and catches to steal a dollar from tourists but selling insurance covered as car rental company is something that Panama should be ashamed of.