Maria Adams, Credit Cards Moderator
@m_adams
The Costco Credit Card moving truck rental insurance works as secondary coverage in the U.S. This means that if you have another insurance policy that covers moving truck rentals, this benefit will only typically cover the deductible from that policy. To make sure that the card’s insurance will cover you even as a secondary policy, you will need to contact Virginia Surety. You can reach them at (866) 918-4670.
Your personal auto insurance may cover vehicle rentals, so check with your insurance agent. Rental agencies may also offer optional protection that you can purchase when renting a vehicle.
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People also ask
How does the Costco Credit Card rental car insurance work?
The Costco Credit Card’s rental car insurance will cover most car rentals purchased with the card, as long as you decline any insurance offered by the rental agency. If the car is damaged or stolen, you’re covered for up to $50,000 in either repair costs or the cash value of the car (whichever turns out to be less). Given that this benefit is free with the Costco Credit Card, it’s a lot cheaper than the rental car insurance offered...
read full answer by Elijah Nash, WalletHub AnalystWhat does the Costco Visa travel insurance coverage include?
Costco Credit Card travel insurance coverage includes travel accident insurance, rental car insurance, and travel and emergency assistance, among other benefits. Using the card’s travel insurance doesn’t cost extra, and you just need to pay for your travel using your Costco Credit Card to be eligible to file a claim.
Types of Costco Credit Card Travel Insurance
Travel accident insurance
Covers you, your spouse, your domestic partner and/or your dependents up to $250,000 per person against death or...
read full answer by Maria Adams, Credit Cards ModeratorHow does Citi credit card rental car insurance work?
Citibank only offers rental car insurance as a free benefit on some of its credit cards. Citibank rental car insurance covers the cost to repair the rental car or the actual cash value of the rental car, whichever is less, and reasonable towing expenses to the nearest collision repair facility.
Cardholders are covered up to up to $50,000 toward the cost of repairs or the cash value of the car, whichever is less. To...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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