Chip Lupo, Credit Card Writer
The Capital One SavorOne Cash Rewards Credit Card offers rental car insurance as a free benefit. Capital One SavorOne rental car insurance covers damage or theft of the vehicle, loss of use and towing charges (For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply). Cardholders are covered up to the actual repair amount, wholesale market value or the rental agency’s purchase invoice less salvage and depreciation. To get the coverage, a cardholder must decline the rental agency’s insurance and pay for the rental entirely with a Capital One SavorOne credit card or cash back rewards.
Key Things to Know About Capital One SavorOne Rental Car Insurance
- Coverage Amount. Up to the actual repair amount, wholesale market value or the rental agency’s purchase invoice less salvage and depreciation.
- File Claims for Domestic Rentals Through Primary Insurance First. The Capital One SavorOne card rental car insurance benefit provides secondary coverage for domestic rentals up to 31 days, so you will need to file a claim through your primary insurance carrier first, if you have one.
- Coverage Is Primary When Abroad. If you’re renting a vehicle outside of your home country, coverage under the Capital One SavorOne card rental car insurance benefit is primary and lasts for up to 31 days.
- Not All Vehicles Or Incidents Are Covered. The Capital One SavorOne rental car insurance benefit does not cover rentals made on a monthly basis, expensive or antique cars, vehicles not rented by the cardholder or an authorized user on the card. Coverage also does not apply to certain incidents such as any loss occurred as result of illegal activity or while in violation of the rental agreement, damage sustained off-road, theft or damage of unlocked and unsecured vehicles.
Capital One Rental Car Insurance Claims
To file a Capital One SavorOne rental car insurance claim, call the Benefit Administrator at the number in your benefits guide or visit the card’s benefits website to obtain a claim form. You will need to submit the claim form, along with any requested supporting documents – such as a receipt showing the vehicle rental charge, the rental agreement, or a police report – no later than 180 days after the incident.
Capital One SavorOne Cash Rewards Credit Card
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