The Alaska Airlines credit card rental car insurance policy covers you in case of damage or theft up to the cash value of most vehicles. It's available internationally except in the Republic of Ireland, Northern Ireland, Israel and Jamaica. The benefit also applies in the U.S., of course.
Alaska Airlines credit card rental car insurance is secondary to other insurance you have. So if you have a personal auto insurance plan that covers rental cars, you need to get reimbursed through that first. You must also pay for the car rental entirely with the Alaska Airlines credit card and decline the rental agency’s insurance offer.
Bank of America rental car insurance is a complimentary benefit that comes with all Bank of America credit cards. The coverage is actually provided by Visa and Mastercard, depending on which network your BofA card is on. The specifics vary by card network, too, but you’re generally covered against damage and theft up to a rental vehicle’s cash value.… read full answer
Not all situations are covered by Bank of America rental car insurance. Certain types of vehicles are excluded, and there are restrictions on the length of the rental period as well as eligible countries. You can find all the specifics in your card’s benefits guide.
Here’s how Bank of America credit card rental car insurance works:
Eligible cards: All Bank of America credit cards.
Coverage period: 31 or fewer consecutive rental days for Visa. 15 for Mastercard.
Coverage amount: Up to the cash value of most vehicles for Visa. Up to cash value of vehicles worth $50,000 or less for Mastercard.
Covered situations: Damage to and theft of rental cars, loss of use charges, and towing charges.
Non-covered situations: Driving while intoxicated, driving off road, damage/theft of personal items, general wear and tear/deterioration, and more.
Non-covered places: Republic of Ireland, Northern Ireland, Israel and Jamaica.
Non-covered vehicles: Exotic/antique cars, large vans, vehicles with open cargo beds, trucks, motorcycles and more.
Other requirements: Must decline the rental agency’s insurance offer.
Bank of America credit card rental car insurance is secondary to other insurance you have. So if you have a personal auto insurance plan that covers rental cars, you need to get reimbursed through that first. Then, Bank of America may give you more money after you show them what you got from the first source.
No, you do not need insurance to rent a car because rental companies have their own insurance. Rental car companies usually provide minimum liability coverage only, so if you don’t have personal insurance, you’ll probably want to purchase extra rental car insurance through the rental company. If your personal car is insured and you pay for your rental with a credit card, you can probably skip the optional coverage offered at the rental counter.… read full answer
You don’t have to purchase all of these coverage types to be protected while driving your rental. But minimum liability insurance carried by the rental car company isn’t enough protection if you get into an accident.
When You Don't Need The Rental Company's Insurance
Before you buy the rental company’s insurance, you should consider what coverage you may already have through your personal car insurance. The coverage limits and deductibles you have on your personal vehicle typically still apply to rentals, as long as you’re renting for personal use. Many major credit cards also offer coverage for rental cars if you pay with your card and decline the collision damage waiver offered by the rental company.
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