**Yes, BMO Mastercard does offer car rental insurance as a benefit to cardholders.**
When renting a car, having insurance coverage can provide peace of mind and protection in case of any unexpected events. BMO Mastercard includes car rental insurance among its list of benefits for cardholders, making it a convenient option for those who frequently rent vehicles for personal or business use.
FAQs about BMO Mastercard car rental insurance:
1. What type of car rental insurance does BMO Mastercard offer?
BMO Mastercard offers collision damage waiver coverage for most rental vehicles, which can help cover costs associated with damage due to collision or theft.
2. Is there a fee for using car rental insurance with BMO Mastercard?
No, there is no additional fee or cost associated with using the car rental insurance benefits offered by BMO Mastercard.
3. Do I need to decline the rental car company’s insurance to use BMO Mastercard’s coverage?
In most cases, you will need to decline the rental car company’s insurance coverage in order to use BMO Mastercard’s car rental insurance benefits.
4. What types of damage are covered under BMO Mastercard’s car rental insurance?
BMO Mastercard’s car rental insurance typically covers damages due to collision or theft of the rental vehicle.
5. Are there any limitations or exclusions to BMO Mastercard’s car rental insurance coverage?
It’s important to review the terms and conditions of BMO Mastercard’s car rental insurance to understand any limitations or exclusions, such as certain vehicle types or rental durations.
6. How do I make a claim for car rental insurance benefits with BMO Mastercard?
If you need to file a claim for car rental insurance benefits with BMO Mastercard, you should contact the card issuer’s customer service for assistance and guidance on the claims process.
7. Does BMO Mastercard’s car rental insurance cover liability insurance for injuries or damages to others?
BMO Mastercard’s car rental insurance typically does not cover liability insurance for injuries or damages to others. It is recommended to check with the card issuer for specific details on coverage.
8. Does BMO Mastercard’s car rental insurance cover additional fees or charges from the rental car company?
BMO Mastercard’s car rental insurance may not cover all additional fees or charges from the rental car company, such as administrative fees or refueling charges. Cardholders should review the terms and conditions of coverage for more information.
9. Can I use BMO Mastercard’s car rental insurance for international rentals?
BMO Mastercard’s car rental insurance may provide coverage for international rentals, but it’s important to review the terms and conditions for any exclusions or limitations that may apply.
10. Does BMO Mastercard’s car rental insurance provide coverage for loss of use charges?
Loss of use charges, which refer to the rental car company’s loss of income while the vehicle is being repaired, may not be covered under BMO Mastercard’s car rental insurance. Cardholders should confirm with the card issuer for specific details.
11. Is there a limit to the coverage provided by BMO Mastercard’s car rental insurance?
BMO Mastercard’s car rental insurance may have a limit on the coverage amount per incident or per rental period. Cardholders should review the terms and conditions for specific details on coverage limits.
12. Can additional cardholders on my BMO Mastercard account also use the car rental insurance benefits?
It’s advisable to check with the card issuer to determine if additional cardholders on the BMO Mastercard account are eligible to use the car rental insurance benefits or if there are any restrictions that apply.