What does Capital One Venture rental car insurance cover?

Not global but most foreign countries. No benefit is provided for vehicles rented in Israel, Jamaica, the Republic of Ireland, or Northern Ireland.

Capital One Venture rental car insurance covers damage from collisions, vandalism, and theft, up to the full cash value of most rental vehicles. It also covers towing to the nearest repair shop. To get Capital One Venture rental car insurance, you just need to pay for the rental with your Venture card and decline the rental company’s insurance. Coverage lasts for up to 15 days domestically and up to 31 days internationally.

It’s worth noting that Venture card rental car insurance is actually a Visa Signature benefit. Also, coverage excludes trucks, motorcycles, mopeds, and luxury vehicles. Lost or stolen personal items, personal injuries, and medical expenses aren’t covered by the benefit either.

The benefit will act as primary coverage if you don’t have car insurance. If you have car insurance, the benefit will act as supplemental coverage. International car rentals automatically receive the benefit as primary coverage. Damage must be reported within 45 days of the incident, and claims must be filed within 90 days.  

Here’s how Capital One Venture rental car insurance works:

• Cost: $0
  
• Length of Coverage: Up to15 consecutive days for domestic rentals, and up to 31 consecutive days internationally.
  
• Covered events: Collision damage, vandalism and theft.
  
• Coverage Value: Vehicle’s original cash value, plus a tow to the nearest repair shop.
  
• Vehicles Covered: Most cars, minivans and SUVS.  
  
• Vehicles Not Covered: Trucks, motorcycles, mopeds, motorbikes, limousines, RVs, vehicles over 20 years old and luxury vehicles (e.g. Aston Martin, Lamborghini and Porsche).
  
• Countries Not Covered: Jamaica, Ireland, and Israel.
  
• Other Exclusions: Lost or stolen personal items, personal injuries, and medical expenses.
  
• Time to Report Damage: 45 days from the incident.
  
• Time to File a Claim: 90 days from the incident.
  
• Filing a Claim: You can file online or by mail. Include copies of your rental agreement, billing statement showing the rental, proof of car insurance (or notarized statement of no insurance), repair bill, and incident report from the rental agency.

Capital One Venture rental car insurance could be a huge money-saver. It’s important to note that if you have another driver, they must be listed on the rental agreement, or the insurance will not cover anything from when they were driving.