There are two type of Capital One Quicksilver travel insurance: travel accident insurance and lost luggage reimbursement. Capital One Quicksilver travel accident insurance covers cardholders when they, their spouse or their unmarried dependent children are killed or permanently injured by a travel provider. The trip must be booked with the Quicksilver card. The coverage amount is up to $100,000 per trip with the Visa Platinum version of the Quicksilver card. It’s $250,000 per trip with the Visa Signature version. Some situations are not covered. They include emotional trauma, bacterial/viral infection, disease and more.
The second type of Capital One Quicksilver travel insurance, lost luggage reimbursement, is only available on the Visa Signature version of the card. It offers up to $3,000 in protection per trip for checked luggage and/or carry-on bags that are lost by a travel provider. Certain items in your luggage are not covered, however, including glasses, checks, sports equipment and others. Plus, lost luggage coverage is secondary to any other existing insurance you might have covering your bags. So you’d have to go through that other insurance first. And again, you must have paid for the trip using your Quicksilver card.
Filing a Capital One Quicksilver travel insurance claim requires notifying the Benefit Administrator within 20 days of the loss in order to get a claim form. You’ll have 60 to 90 days from the date of the incident to return the form and supplemental documents. The number to call and timeline depend on the benefit and the type of card you have. Check your benefits guide for details.