Does Amex Everyday card cover insurance deductible on rental cars?
Yes, the Amex Everyday card does offer coverage for insurance deductibles on rental cars.
When you’re renting a car, one of the decisions you will have to make is whether to purchase the rental company’s insurance coverage. This can include coverage for damages, theft, liability, and more. However, even if you decide to decline the rental company’s insurance, you may still be on the hook for the deductible in the event of an accident. That’s where credit card benefits come into play.
The Amex Everyday card offers car rental loss and damage insurance, which can cover the cost of the deductible on your rental car if it is damaged or stolen. This benefit can potentially save you hundreds of dollars in out-of-pocket expenses if something goes wrong during your rental period.
To be eligible for this coverage, you must decline the rental company’s collision damage waiver and charge the entire rental cost to your Amex Everyday card. Additionally, you should be the primary renter and sign the rental agreement using your Amex Everyday card. Keep in mind that there are certain limitations and exclusions to this coverage, so it’s essential to review the terms and conditions of your card’s benefits before relying on them.
FAQs about rental car insurance coverage with the Amex Everyday card
1. Does the coverage from the Amex Everyday card apply to all rental cars?
Yes, the coverage typically applies to most rental cars, as long as you meet the eligibility requirements outlined in your card’s benefits guide.
2. Does the coverage include liability insurance?
No, the coverage provided by the Amex Everyday card is primarily for damage to the rental car itself, not for liability in the event of an accident.
3. Are there any restrictions on the types of rental cars covered?
Certain high-end or luxury vehicles may be excluded from coverage, so it’s important to check the specific terms of your card’s benefits before renting.
4. How much coverage does the Amex Everyday card provide for rental cars?
The coverage can vary, but it typically includes up to a certain amount for damages or theft of the rental car, including the deductible.
5. Do I need to purchase any additional insurance from the rental company to be eligible for the Amex Everyday card’s coverage?
No, you do not need to purchase the rental company’s collision damage waiver if you plan to rely on your Amex Everyday card’s benefits for coverage.
6. Can I use my Amex Everyday card to pay for part of the rental and still be eligible for the coverage?
No, you must charge the entire rental cost to your Amex Everyday card to be eligible for the coverage.
7. Can I use my Amex Everyday card for a rental car in a foreign country and still be covered?
Yes, in most cases, the coverage applies to rentals outside the United States, as long as you meet the eligibility requirements.
8. Does the coverage from the Amex Everyday card extend to additional drivers?
Typically, the coverage only applies to the primary renter who pays for the rental with the Amex Everyday card.
9. Does the coverage from the Amex Everyday card duplicate any insurance I already have, such as through my personal auto policy?
It’s essential to review your existing auto insurance policies and the terms of your card’s benefits to understand how they may overlap or complement each other.
10. How do I file a claim with the Amex Everyday card’s rental car insurance coverage?
If you need to file a claim, contact the benefits administrator for your Amex Everyday card as soon as possible to begin the process.
11. Are there any exclusions or limitations to the Amex Everyday card’s coverage for rental cars?
Yes, there are specific exclusions and limitations, such as restrictions on the length of the rental period or types of vehicles covered. Review your card’s benefits guide for more details.
12. Can I rely solely on the coverage from the Amex Everyday card for my rental car insurance needs?
While the coverage provided by the Amex Everyday card can be valuable, it’s essential to understand its limitations and consider whether you may need additional coverage for your rental car.