Amex rental automotive insurance coverage: Get added safety for street journeys and adventures

In the event you’re an Amex cardholder, right here’s what to find out about its rental automotive insurance coverage, the way it protects you, and tips on how to file a declare.

What’s the American Specific rental automotive insurance coverage coverage?

American Specific offers secondary rental automotive protection as a complimentary profit with lots of its bank cards. This protection serves as a backup to your main insurance coverage protection whenever you use your card to lease a automotive and decline the rental automotive firm’s collision injury waiver (CDW). 

“Generally, your personal auto insurance would need to be utilized first before submitting a claim with the insurance provided through your credit card,” says Kim Chambers, Product Supervisor, Credit score Playing cards for Georgia’s Own Credit Union. “The major benefit of secondary coverage is it often covers the deductible for your primary insurance.” 

Your bank card rental automotive insurance coverage also can assist cowl the hole if one other driver hits your rental automotive and the price of the repairs exceeds your main insurance coverage coverage’s limits. Sure premium Amex playing cards, just like the The Platinum Card® from American Specific, present extra insurance coverage protection past protection for injury or theft.

Along with the secondary protection profit with lots of its playing cards, Amex gives optionally available premium rental automotive protection for a flat price. This protection additionally protects your rental if it’s broken or stolen, however it serves as main as a substitute of secondary protection. This implies you’d file a declare with Amex for injury or theft earlier than contacting your private insurance coverage. Whereas Amex’s premium protection comes at a price, you gained’t pay a deductible earlier than it kicks in. 

What is roofed?

The complimentary protection advantages you obtain as an Amex cardholder will fluctuate relying in your card. Most playing cards supply safety in opposition to theft or injury, although some might present extra protection, resembling unintended harm or unintended loss of life and dismemberment insurance coverage.

Apart from defending your rental automotive if it’s broken or stolen, premium rental automotive protection from American Specific offers these extra protections for drivers and passengers.

• Secondary medical protection
• Secondary private property protection
• Unintended loss of life and dismemberment protection

“There are limitations to be aware of with credit card rental car insurance,” warns Stuart Winchester, founder and CEO of digital insurance coverage pockets Marble. “The amount of coverage may not be sufficient, and you might not be covered everywhere you travel. It’s important to read the fine print to understand potential exclusions.” 

Be aware that neither the usual rental automotive insurance coverage nor the premium insurance coverage offers legal responsibility protection, which protects you if one other driver or their passengers are injured or one other car is broken as a result of an accident you trigger.

Who does the coverage cowl?

Protection varies barely by card, however it applies to the next drivers typically. Sure playing cards, just like the The Platinum Card® from American Specific, additionally supply protections for passengers.

• Cardholder
• The cardholder’s partner or accomplice
• Approved drivers on the rental contract

Amex rental automotive insurance coverage pricing

As talked about, American Specific gives complimentary rental automotive insurance coverage with lots of its playing cards. You gained’t pay something out of pocket for this secondary protection. However should you go for its premium automotive rental protection, you’ll pay a flat price of $12.25 to $24.95 per rental interval, relying in your protection degree. 

Amex rental automotive insurance coverage protection ranges

• Complimentary protection: As much as $50,000 or $75,000 for theft or injury, relying on the cardboard. Sure playing cards additionally present extra unintended loss of life and dismemberment, unintended harm, and automotive rental private property protection.
• Premium protection: As much as $100,000 for theft, injury, unintended loss of life and dismemberment protection; as much as $15,000 for secondary medical bills; and as much as $5,000 in secondary private property protection.

Which Amex playing cards embody automotive rental insurance coverage? 

Over 60 American Specific playing cards embody automotive rental insurance coverage, however protection quantities fluctuate by card. For instance, the The Platinum Card® from American Specific gives as much as $75,000 in protection for injury or theft of a rental automotive. By comparability, the American Specific® Inexperienced Card has $50,000 value of theft and injury protection. 

To view charges and costs of The Platinum Card® from American Specific, see this page.

To view charges and costs of Marriott Bonvoy Sensible® American Specific® Card , see this page.

To view charges and costs of American Specific® Gold Card, see this page.

To view charges and costs of Blue Money On a regular basis® Card, see this page.

How do I file a declare?

Amex playing cards include secondary rental automotive insurance coverage, that means you could first file a declare along with your private insurance coverage firm in case your rental automotive is broken or stolen. That mentioned, main protection is on the market for an added price with Amex premium rental automotive insurance coverage. 

You may file a declare with American Specific after a qualifying incident online or by calling 1-800-338-1670. Be ready to offer copies of the next as a part of the method:

• Rental settlement
• Police experiences
• Insurance coverage protection info
• Related restore payments or receipts

Amex usually takes about 45 days to course of claims, and you’ll examine in your declare’s standing anytime on-line or by calling (800) 338-1670. 

The takeaway 

Amex has two rental automotive insurance coverage choices for cardholders: secondary protection, a free perk with lots of its playing cards, and optionally available main protection out there for a charge. The secondary protection advantages will fluctuate relying in your card, with premium playing cards just like the Platinum Card® from American Specific providing extra complete protection. 

However each its secondary and first rental automotive protection present helpful safety. The secondary protection out there to cardholders can reimburse you for the deductible in your main insurance coverage, in addition to any prices exceeding your private coverage limits. In the event you go for its main protection for a charge, you’ll stand up to $100,000 in theft and injury insurance coverage, plus different coverages for added safety.

Please be aware that card particulars are correct as of the publish date, however are topic to alter at any time on the discretion of the issuer. Please contact the cardboard issuer to confirm charges, charges, and advantages earlier than making use of.

Phrases apply to American Specific advantages and gives. Enrollment could also be required for choose American Specific advantages and gives. Go to americanexpress.com to be taught extra.

Eligibility and Profit degree varies by Card. Phrases, Circumstances, and Limitations Apply. Please go to americanexpress.com/benefitsguide for extra particulars. Underwritten by Amex Assurance Firm.