Does Costco credit card cover rental car insurance?

Does Costco credit card cover rental car insurance?

Yes, Costco credit cards typically offer primary rental car insurance coverage when you use the card to pay for the rental. This means you may not need to purchase the rental car company’s insurance coverage, potentially saving you money.

FAQs:

1. What exactly is rental car insurance coverage?

Rental car insurance coverage provides protection in case your rental car is damaged or stolen during the rental period.

2. Is Costco credit card rental car insurance primary or secondary coverage?

Costco credit card rental car insurance is typically primary coverage, meaning it kicks in before any other insurance you may have.

3. Do all Costco credit cards offer rental car insurance coverage?

Not all Costco credit cards offer rental car insurance coverage, so it’s important to check your specific card benefits.

4. Are there any restrictions or limitations to Costco credit card rental car insurance coverage?

Some restrictions may apply to Costco credit card rental car insurance coverage, such as the type of vehicle you can rent or the length of the rental period.

5. Do I need to decline the rental car company’s insurance coverage to use Costco credit card rental car insurance?

In most cases, you will need to decline the rental car company’s insurance coverage in order to use Costco credit card rental car insurance.

6. Does Costco credit card rental car insurance cover liability insurance?

Costco credit card rental car insurance typically does not cover liability insurance, so you may need to purchase this coverage separately.

7. What do I need to do to activate Costco credit card rental car insurance?

To activate Costco credit card rental car insurance, you typically need to use the card to pay for the entire rental transaction.

8. Can I use Costco credit card rental car insurance for rentals in foreign countries?

Costco credit card rental car insurance may provide coverage for rentals in foreign countries, but it’s important to check the specific terms and conditions.

9. Can I use Costco credit card rental car insurance for business rentals?

Some Costco credit cards may offer rental car insurance coverage for business rentals, but it’s best to confirm with your card issuer.

10. Does Costco credit card rental car insurance cover loss of use charges?

Costco credit card rental car insurance typically does not cover loss of use charges, which are fees charged by the rental car company for the time the car is unavailable for rental due to damage.

11. What should I do if I need to file a claim with Costco credit card rental car insurance?

If you need to file a claim with Costco credit card rental car insurance, you should contact the card issuer as soon as possible to start the claims process.

12. Are there any exclusions to Costco credit card rental car insurance coverage?

Some exclusions may apply to Costco credit card rental car insurance coverage, such as driving in prohibited areas or engaging in reckless behavior while driving. It’s important to review the terms and conditions of your card benefits for full details.

Dive into the world of luxury with this video!