Visa Rental Car Insurance

And 31 consecutive days outside of the u s.

Visa rental car insurance. Qualification will depend upon the type duration and location of your rental among other factors but it is possible to use your visa rental car insurance in place of that offered through the rental company. Visa car rental insurance is valid in the united states and most foreign countries. Visa covers up to 15 consecutive days of an auto rental in the u s. It doesn t apply in israel jamaica the republic of ireland or northern ireland.

What they sell at the counter is a waiver that says the rental company and its insurance company won t come after you financially if the car is. Car rental coverage that comes with your credit card normally covers repairing or replacing the rental car up to the actual cash value of the car at the time of the loss. Damage due to collision. The rental car company has insurance on the car.

It also doesn t apply where it conflicts with a country s laws when it violates an auto rental agreement or when it s disallowed by individual merchants. To activate the coverage complete the entire rental transaction with your eligible visa card and decline the rental company s collision damage waiver cdw coverage if offered by the auto rental company. Visa does not cover rentals in israel jamaica republic of ireland or northern ireland. Enough to purchase the same vehicle new which is unlikely.

It is generally recommended that you increase your coverage to 1 000 000 or 2 000 000 because if you get in an accident and cause serious harm or death the minimum coverage will likely be inadequate. When you use your covered visa card to reserve and pay for your entire auto rental you can be covered for damage to the rental vehicle that results from a collision or theft. In order to use visa s rental car insurance you ll need to waive the rental company s insurance and use your visa card for the rental. With the costco cards citi offers up to 50 000 for the lesser of the cost of repairs or the cash value of your rental car.

The following specific costs are included in the policy. Decline the cdw coverage offered to you at the rental agency and make sure your name is listed as the primary renter on the auto rental contract. Auto rental insurance coverage the chartis auto rental insurance covers visa cardholders up to the actual cash value of the vehicle the cost of repairs or replacement value of the rental vehicle while said vehicle is in the cardholder s possession. To qualify for citi s car rental insurance pay for your entire car rental with your eligible cobranded costco card and decline the rental company s insurance.

Depreciation only comes in to play if a rental car company decided they wanted more than actual cash value i e.