Does Citi Premier offer car rental insurance?

Citi credit card rental car insurance covers you for up to $50,000 when you pay for the entire rental with your Citi credit card. You must also decline the rental agency’s insurance to be eligible for the benefit, which covers accident damage and theft. The eligible cardholder listed on the rental car agreement is covered worldwide for a maximum rental of 31 consecutive days.… read full answer

Just bear in mind that Citi’s rental insurance coverage is secondary. This means if you have a car insurance policy that covers theft and damage to rental cars, the Citi benefit will cover only the amount your primary policy does not.

Here is what Citi credit card rental car insurance covers:

• Repair costs up to $50,000, or the cash value of the car, whichever is less.
• Motor vehicle with at least four wheels designed to be driven on public roads.
• Damage from an accident, natural disaster vandalism, or theft.
• Reasonable towing expenses to the nearest collision repair facility.

What Citi credit card rental insurance does NOT cover:

• Damage resulting from reckless driving or driving under the influence of drugs or alcohol.
• Rental car used as a car for hire.
• Personal injury, personal liability or damage to third-party personal property.
• Damages to other cars or property.
• Injury to any party.

To file a claim, call 1 (866) 918-4670 after your rental car is damaged or stolen. You will be advised as to what documents to provide to substantiate your claim. You can also visit citi.com/Costco to download a claim form. Return all requested documents within 180 days of the incident.

The Citi Diamond Preferred no longer offers rental car insurance.

As of September 22, 2019, Citi discontinued Worldwide Car Rental Insurance.

These cuts are obvious game-changers for many travelers, so you may want to look into alternatives. Chase Sapphire Preferred and Capital One Venture are some of the best.