Travel insurance policies offer cover for car rental excess charges which can be upwards of 4000.

Does travel insurance cover car rentals. What credit card rental car insurance does cover. A collision damage waiver or CDW can actually cover more than collision damage to the rental car. Our car rental insurance product is called Rental Car Damage Protector and provides primary coverage for covered collision loss and damage up to 75000 along with 24-hour emergency assistance.

Rebecca Lake Jun 8 2020 Many or all of the products featured here are from our. You can purchase the collision damage waiver from the rental company at a daily rate that is in addition to the rental charge. This covers vehicles in your care custody and control including rentals if theyre stolen or damaged for you and anyone listed on your policy.

Even if you dont own a car there are many cash back credit cards and travel credit cards in Canada that provide you with both collision and damage coverage for rental vehicles. That said a travel insurance plan can provide trip cancellation and interruption benefits to reimburse you for pre-paid nonrefundable fees including RV rental and campground reservations. In many cases your existing policy will cover rental vehicles at least to some extent.

There are some limits to the cost and type of vehicle our Rental Vehicle policy applies to. If you include rental car in your trip costs for your travel insurance plan the cost of repairs and replacements on a rental car may be reimbursable up to the stated limit on the plan. If youre planning to rent an RV for a cross-country trip or a Lamborghini for a driving tour of Italy a typical rental car insurance plan wont cover you.

Do I Need the Auto Coverage Offered by the Rental Agency. If you own a car and have insurance your policy will usually cover you for car rentals. You could have varying degrees of rental car insurance coverage from your personal car insurance policy your travel credit card your cashback credit card and even your home or tenants insurance.

The cost for this coverage usually ranges from 25 to 27 per day. Available as an add-on optional coverage to a Single Trip plan or package Rental Car coverage is perfect for Canadian residents and visitors to Canada. Most companies do but some may ask for a larger deposit if you dont buy their coverage.