Visa Rental Car Insurance Coverage Explained
Does Visa Cover Rental Car Insurance?
Qualification will depend upon the type, duration, and location of your rental, among other factors, but it is possible to use your Visa rental car insurance in place of that offered through the rental company. Your Visa card rental car insurance will have you covered in most European countries for a period of up to 31 days and includes coverage for most common vehicle models and classes. Benefits extend across the full range of available credit cards, from Standard to Premium Rewards, so theres a good chance you might be able to decline CDW as part of your rental rate to save some extra cash.
|Visa Credit Cards with Car Rental Insurance|
|Card Type||CDW in Europe?||Coverage Limit
|Coverage Excludes||Primary Coverage?||Countries Excluded|
|Standard||Yes||31||Expensive/exotic/antique cars, trucks, motorcycles, limos, vans (9+ pax)||No||Ireland, Northern Ireland|
|Rewards||Yes||31||Expensive/exotic/antique cars, trucks, motorcycles, limos, vans (9+ pax)||No||Ireland, Northern Ireland|
|Premium Rewards||Yes||31||Expensive/exotic/antique cars, trucks, motorcycles, limos, vans (9+ pax)||No||Ireland, Northern Ireland|
|Chase Sapphire Preferred||Yes||31||Expensive/exotic/antique cars, trucks, motorcycles, limos, vans (9+ pax)||Yes||Ireland, Northern Ireland|
|Chase/United MileagePlus||Yes||31||Expensive/exotic/antique cars, trucks, motorcycles, limos, vans (9+ pax)||Yes||Ireland, Northern Ireland|
IMPORTANT: Terms vary by issuing bank and there are some restrictions that may apply depending on the specifics of your rental that could void you from coverage under your Visa car rental insurance policy. See the tips below to get a better idea of whether or not you’ll qualify for coverage and always call your card provider directly for the most accurate information.
– What type of coverage does Visa provide?
Your Visa rental car insurance will cover any damage or loss and towing charges resulting from an accident or theft as well as any loss of use fees charged by the rental company, provided that the rental company supplies a fleet log. Your rental insurance with Visa will not cover liability but, luckily, all Auto Europe rates include 3rd party liability insurance as standard!
– Is the Visa insurance coverage primary or secondary?
With the exception of some Chase cards, any rental car insurance offered by Visa is secondary, meaning accidents will affect your personally-owned vehicle’s insurance premium. The Chase Sapphire Preferred and Chase/United MileagePlus cards feature primary rental car coverage but these cards typically require a yearly fee for membership.
– What do I need to do to activate Visa insurance for my rental?
In order to use the car rental insurance from your Visa credit card, you’ll need to decline any other CDW/theft insurances offered by the rental company, pay your rental rate in full with the specific card you intend to get the benefits from, and the primary driver listed for the rental must be same as the name printed on the credit card used. So long as additional drivers are properly authorized with the car rental company you book with, they will be covered, too, but the primary driver must match the name on the Visa credit card.
Always bring documentation from Visa stating that you are covered when you pick up your rental vehicle.
– In the event of an accident, when should I submit my claim?
You must submit your insurance claim to Visa as soon as possible or, at max, within 45 days of the accident. If you do not submit a claim within 45 days you may void your eligibility for rental car insurance through Visa, leaving you to foot the bill on your own.
If you decline CDW from the rental company and opt for insurance through your credit card, you will be responsible for providing Visa with the required documentation to file a claim in the event of an accident, which will include:
- Official Visa claim form
- Copy of Visa billing statement showing full amount of rental charged
- Notarized statement from your primary insurance company
- Accident/police report
- Copy of auto rental agreements (car rental contracts)
- Itemized repair bill
- Photographs of damaged vehicle
- Any other documents requested by Visa
– Will I have to pay any extra charges with my Visa rental car insurance?
Although you can get car rental insurance through Visa for no additional fees, the amount of your deductible/excess will vary greatly depending on your rental specifics, among other factors. The Visa insurance will cover for damage/loss due to collision or theft, towing services, and loss of use fees, but you must make sure your rental qualifies according to the terms and conditions of your specific credit card’s policy.
In the event of an accident you will have to pay any deductibles or charges from the rental company up-front, to be later re-imbursed by your credit card pending your adherence to their requirements for coverage.