Don’t Get Rental Car Insurance, Get This

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Benefits of Using Credit Card for Car Rental Insurance

After a delayed flight or waiting hours at the airport to claim your baggage, the last thing you want to think about is adding insurance to your car rental package. One way to avoid stress and save a lot of money is to use a credit card that offers good rental car insurance.

With this, you can confidently decline the request to add insurance to your rental car. The Chase Sapphire Reserve and Chase Sapphire Preferred Card are considered to be the best so far.

How Does It Work?

To qualify for your credit card’s car rental insurance, you must meet a few conditions. These include

  • Making full payment for your car rental via your credit card
  • Cardholder must be the primary renter of the car and also listed as the primary driver
  • You must turn down the rental service collision damage waiver

Failure to meet any of the requirements as mentioned above makes you ineligible for the many travel perks that come with your Sapphire card.

Questions to Ask Your Credit Card Rental Car Insurance

It is worth to mention that no two credit card insurance policies are the same. For this reason, you should endeavor to check with your credit card company before renting a car. Read through the card’s policy thoroughly and be sure to ask these questions.

Which type of vehicles does the card policy cover?

Most credit card policy does not cover trucks and exotic and luxury cars. You won’t get coverage for exotic cars from brands such as Aston Martin, Maserati, and Rolls Royce when using a Chase Sapphire Card.

Which oversea destinations aren’t covered?

Some countries are on the ‘blacklist’ of these cards for many reasons including their strict or unfriendly laws. Countries excluded from these policies include New Zealand, Italy, Israel, Jamaica, Ireland, and Australia. Luckily, Chase cards often don’t have these restrictions. However, you’re strongly encouraged to contact your credit card company for more details.

Does the policy cover the loss of use?

If you get involved in an accident while using a car rental, the agency will charge you for the loss of use. This charge covers the lost revenue that the vehicle would have generated while it’s getting repaired or replaced.

What’s the maximum vehicle capacity?

Most credit card car rental policies do not cover vehicles designed to accommodate more than 8 travelers.

How long am I covered?

Most credit cards cover a rental period between 15 and 30 days. Chase Sapphire does not cover rental periods greater than 31 days.

Keep this in mind if you truly want to get the most out of your car rental insurance. If your car rental has collision or theft-related damage, filing a claim with your credit card issuer is easier than you think.

You don’t have to purchase optional coverage to be eligible. All you need do is to pay for the rental car using your Chase card.

Get the right protection for less when you opt for Chase Sapphire Credit Card.

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