Bank Of America Travel Rewards Rental Car Insurance

Are you planning a road trip or just need to rent a car for a few days? Rental car insurance is something that you should consider before hitting the road. Bank of America Travel Rewards Credit Card comes with rental car insurance that provides coverage for damages or theft of rental vehicles. In this article, we will discuss the details of Bank of America Travel Rewards Rental Car Insurance.

What is Bank of America Travel Rewards Rental Car Insurance?

When you rent a car using your Bank of America Travel Rewards Credit Card, you can decline the rental company's collision damage waiver or loss damage waiver. Bank of America Travel Rewards Rental Car Insurance provides coverage for damages or theft of rental vehicles that have been paid for with your credit card.

What does Bank of America Travel Rewards Rental Car Insurance cover?

Bank of America Travel Rewards Rental Car Insurance covers physical damage, theft, towing charges, and loss of use charges for the rental vehicle. It also covers reasonable and customary charges for valid damages, regardless of who is at fault. However, there are some exclusions to the coverage, such as intentional damage, driving under the influence, and off-road use.

How to qualify for Bank of America Travel Rewards Rental Car Insurance?

To qualify for Bank of America Travel Rewards Rental Car Insurance, you must use your Bank of America Travel Rewards Credit Card to pay for the entire rental transaction. You must also decline the rental company's collision damage waiver or loss damage waiver.

How to file a claim for Bank of America Travel Rewards Rental Car Insurance?

If your rental car is damaged or stolen, you must report the incident to the rental company and the police within 24 hours. You must also report the incident to Bank of America within 45 days. To file a claim, you can call the number on the back of your credit card or visit the Bank of America website.

Limitations of Bank of America Travel Rewards Rental Car Insurance

Bank of America Travel Rewards Rental Car Insurance is not a substitute for liability insurance. It does not cover injuries or damages to other people or property. It also does not cover certain types of rental vehicles, such as trucks, motorcycles, and luxury cars.

Conclusion

Bank of America Travel Rewards Rental Car Insurance is a valuable benefit for cardholders who frequently rent cars. It provides coverage for physical damage, theft, and other charges associated with rental cars. However, it is essential to understand the limitations and exclusions of the coverage before relying on it.

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