All credit cards in the Mastercard, Visa and American Express network offer some form of rental car insurance if you pay for the car rental with your credit car exclusively and do not purchase the optional CDW from the rental company.
For the specifics that apply to you, call the number on the back of your card.
Capital One’s rental car insurance covers physical damage or theft of a rental vehicle. It also covers reasonable towing costs and any valid loss-of-use charges from the rental agency. Put simply, Capital One’s rental car insurance (which comes on all cards) covers the same things as the insurance add-on from the rental agency.… read full answer
To receive Capital One rental car insurance, all you have to do is use your Capital One credit card when you make the reservation and reject the insurance offered by the rental agency. Capital One’s rental car insurance is not valid for domestic rentals that exceed 15 days or international rentals exceeding 31 days. Not all vehicles are covered by Capital One’s rental car insurance, either. Expensive/exotic/antique automobiles are not covered. Neither are motorcycles, trucks, recreational vehicles or certain vans.
If you need to file a claim with Capital One’s rental car insurance (also called the “auto rental damage collision waiver"), call the Benefits Administrator at 1-800-348-8472 within 45 days of a covered incident. You’ll need to get a claim form from the Benefits Administrator. You’ll also need a copy of the repair estimate and an itemized bill from the auto shop. Plus, don’t forget to ask the rental agency for copies of the accident report as well as the initial and final rental agreements. If available, it’s best to have photographs of the damaged vehicle and a copy of the police report, too. Claims are usually finalized within 15 days of the Benefits Administrator receiving all of the required documents.
Wells Fargo credit card rental car insurance covers you up to the actual cash value of the vehicle when you pay for the entire rental with your Wells Fargo card and/or reward points. You’re covered for damages resulting from collision or theft, along with loss of use and towing charges. Coverage lasts for 15 consecutive days in the U.S. and up to 31 consecutive days abroad. You must decline the rental agency’s insurance plan to be eligible for the Wells Fargo credit card benefit. These terms apply to all Wells Fargo Visa cards.… read full answer
Wells Fargo has one American Express card, the Propel card. It too offers rental car insurance, but its coverage has an upper limit of $50,000. In addition, it covers rentals of 31 consecutive days or fewer both at home and abroad. It does not cover loss of use charges.
Only the cardholder whose name is on the Wells Fargo card used to pay for the rental is eligible to file a claim. Coverage is secondary for both the Visa and Amex cards. This means it will reimburse you for any collision or theft expenses not covered by any existing car insurance policy you have.
To file a claim, call the Benefit Administrator at 1 (800) 348-8472 within 45 days of the incident. The Benefit Administrator will answer any questions and will send you a claim form. For faster filing, visit www.eclaimsline.com. For the Propel card, call 1 (855) 830-3727 instead.
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