Rhonda Stewart, WalletHub Loans Analyst
@rhonda
The issuer does not disclose any specific information regarding the Bank of America Travel Rewards credit card rental car insurance. The card may offer it as part of the Visa Signature benefits, but it is not guaranteed. So, make sure to check the guide to benefits that came with your Bank of America Travel Rewards credit card to see which perks are included.
Generally, credit card rental car insurance protects you against collision damage and theft when you rent a car using an eligible card. It’s a common credit card benefit. But some issuers have removed it from their credit cards.
Alternative Credit Card Options
If rental car insurance is important to you, there are plenty of cards that offer it. Some good options include the Chase Sapphire Preferred® Card, the Bank of America® Premium Rewards® credit card, and the Capital One Venture Rewards Credit Card.
Bank of America® Travel Rewards credit card
Bank of America® Travel Rewards credit card
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People also ask
Do you need insurance to rent a car?
No, you don’t need insurance to rent a car. Rental companies must insure rental cars because they own and register the vehicles, but they usually carry only minimum liability coverage. If you don’t have personal insurance or credit card rental car insurance, you’ll probably want some of the extra coverage rental companies offer at the time of sale.
Before you buy the rental company’s insurance, you should consider what coverage you may already have through your personal car...
read full answer by Anamarie Waite, Car Insurance WriterHow does rental car liability insurance work?
Rental car liability insurance works by paying for injuries or property damage that you cause in an accident while driving a rental car. In every state except California, the minimum amount of liability coverage required by the state is automatically included in rental car contracts. Rental car liability insurance does not protect you or your rental car from collision damage, car theft, loss of personal effects, or injuries.
Should You Get Rental Car Liability...
read full answer by WalletHub, Financial CompanyDid we answer your question?
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I just called Bank of America because I am a cardholder of this card, and I am about to rent a car. They said that they sadly do not provide rental car insurance anymore for their cardholders. So this no longer holds true.