Yes, the Wells Fargo Propel credit card does have rental car insurance. This policy provides coverage against damage and theft of a rental vehicle. The car rental must have been charged entirely to the Wells Fargo Propel in order to be eligible. Rentals are covered for up to 31 consecutive days in the U.S. and Canada only.
Here’s more info about the Wells Fargo Propel rental car insurance:
Overview: The rental car insurance provides reimbursement for repair or replacement of a rental vehicle as a result of damage or loss anywhere in the United States and Canada. Reimbursement will be on an Actual Cash Value basis.
Eligibility: Coverage applies when the entire rental fee is charged to your Wells Fargo Propel.
How much is covered: The Wells Fargo Propel rental car insurance offers up to $50,000 per rental in reimbursement for damage or theft of a rental vehicle.
What is not covered: Excluded items include trucks, RVs, mini-buses, vehicles valued over $50,000, and antique cars (over 25 years old or not manufactured in the last 10 years). In addition, certain situations are not eligible for coverage. Those include driving while intoxicated, damage due to war, or regular wear and tear. Check your card’s guide to benefits for full details.
How to file a claim: To start the Wells Fargo Propel rental car insurance claims process, first notify the Claim Administrator of your intent to file a claim by calling (855) 830-3727. They will send you a claim form, which you must return within 45 days of the incident, along with secondary information such as a copy of your credit card statement that shows the rental, police reports, and the automobile rental agreement.
Keep in mind that Wells Fargo Propel rental car insurance is secondary. So, if your existing auto insurance policy covers rental cars, you will have to go through that first. After that, the Wells Fargo Propel’s coverage may provide additional reimbursement.
Wells Fargo credit card travel insurance is a benefit that pays up to $150,000 (and up to $1,000,000, in the case of Wells Fargo Visa Signature® Card) for any covered loss related to an accident involving a licensed Common Carrier. This is defined any motorized vehicle or mode of transportation that transports passengers for hire.… read full answer
Here’s what you need to know about Wells Fargo credit card travel insurance:
How to get it: You must purchase the passenger fare with your Wells Fargo consumer credit card while the insurance is effective to be eligible. The benefit is effective the date you become a Wells Fargo credit cardholder.
Who is covered: The Wells Fargo travel insurance covers the cardholder, spouse, and dependent children. Any covered Loss must occur within one year after the accident in order to receive payment.
What is covered: accidental loss of life, speech, hearing, sight, and appendages, and more. Benefit payment ranges from 25% to 100%, depending on the severity of the loss.
What is not covered: emotional trauma, mental or physical illness, and illegal acts. Also not included are driving while intoxicated, being under the influence of narcotics, motorized vehicle racing, suicide or attempted suicides, and other incidents. Refer to your Guide to Benefits (or the Guide to Benefits for Wells Fargo Visa Signature® Card) for the complete list of covered and non-covered incidents.
How to claim: To file a claim, contact the Claim Administrator at (855) 830-3722 within 20 days of any covered loss and request a claim form. Claims documents may also be submitted online or faxed to (855) 830-3728. Complete all items on the required claim form, attach all appropriate documents, and mail them to: Broadspire, a Crawford company, P.O. Box 792190, San Antonio, TX 78279. Reference policy # 9906-98-50.
You or your beneficiary should receive payment within 30 days after complete proof of loss is received, and all other terms of the policy have been completed.
While not traditionally thought of as travel insurance, Wells Fargo credit cards also offer car rental insurance as an additional travel perk. And Wells Fargo Visa Signature® Card also provides trip cancellation protection and lost luggage reimbursement. There are several other issuers who offer extensive travel insurance benefits on some of their credit cards, so make sure to also check out the best credit cards with travel insurance.
The Wells Fargo Active Cash’s rental car insurance covers damages resulting from collision or theft, along with loss of use and towing charges. Cardholders are covered up to the actual cash value of the vehicle. To get the coverage, you must decline the rental agency’s insurance and pay for the rental entirely with your Wells Fargo Active Cash.… read full answer
Coverage lasts for 15 consecutive days in the U.S. and up to 31 consecutive days abroad. Coverage is secondary for the Wells Fargo Active Cash. This means it will reimburse you for any expenses not covered by any existing car insurance policy you have. It is also important to keep in mind that certain vehicles like antique cars, trucks and motorcycles are not covered.
Here’s how to file a claim:
To file a claim, call the Benefit Administrator at (877) 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 eclaimsline.com
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