Bank Of America Travel Rewards Card Rental Insurance
Bank of America Travel Rewards Card is a popular credit card in the United States that offers a lot of benefits to its users. One of the most important benefits of the card is the rental insurance coverage that comes with it. This rental insurance coverage can save you a lot of money and hassle in case you have an accident while driving a rented car. In this article, we will discuss everything you need to know about the Bank of America Travel Rewards Card Rental Insurance.
What is Bank of America Travel Rewards Card Rental Insurance?
Bank of America Travel Rewards Card Rental Insurance is a type of car rental insurance that is provided to Bank of America Travel Rewards cardholders. The insurance provides coverage for physical damage and theft to the rental car. The coverage is valid for rentals that are made using the Bank of America Travel Rewards card.
What are the Benefits of Bank of America Travel Rewards Card Rental Insurance?
There are several benefits of using Bank of America Travel Rewards Card Rental Insurance:
- It provides primary coverage: Bank of America Travel Rewards Card Rental Insurance provides primary coverage, which means that you do not have to file a claim with your personal auto insurance policy in case of an accident. This can save you money on your insurance premiums.
- It covers physical damage and theft: The rental insurance coverage provided by Bank of America Travel Rewards Card covers physical damage and theft to the rental car. This means that you do not have to worry about paying for repairs or replacement of the rental car in case it is damaged or stolen.
- It is free: Bank of America Travel Rewards Card Rental Insurance is provided free of charge to cardholders. You do not have to pay any extra fees or premiums to get the insurance coverage.
- It covers rentals worldwide: The rental insurance coverage provided by Bank of America Travel Rewards Card is valid worldwide. This means that you can use the coverage even if you are renting a car in a foreign country.
What is Covered by Bank of America Travel Rewards Card Rental Insurance?
The rental insurance coverage provided by Bank of America Travel Rewards Card covers the following:
- Physical damage to the rental car: The rental insurance covers the cost of repairing or replacing the rental car in case it is damaged due to collision, theft, vandalism, or other covered perils.
- Loss of use: The rental insurance covers the cost of the rental car company's loss of income while the rental car is being repaired or replaced.
- Towing charges: The rental insurance covers the cost of towing the rental car to a repair shop in case it is inoperable due to a covered peril.
- Administrative fees: The rental insurance covers the rental car company's administrative fees in case of a covered claim.
What is Not Covered by Bank of America Travel Rewards Card Rental Insurance?
The rental insurance coverage provided by Bank of America Travel Rewards Card does not cover the following:
- Liability: The rental insurance does not cover liability for injury or damage to other people or their property. You should have your own auto insurance policy or purchase liability coverage from the rental car company.
- Intentional damage: The rental insurance does not cover intentional damage to the rental car or any illegal activity.
- Off-road use: The rental insurance does not cover off-road use of the rental car.
- Loss of personal belongings: The rental insurance does not cover loss or damage of personal belongings that are stolen or damaged while inside the rental car.
How to File a Claim with Bank of America Travel Rewards Card Rental Insurance?
If you need to file a claim with Bank of America Travel Rewards Card Rental Insurance, you should:
- Contact the Bank of America Travel Rewards Card Rental Insurance Claims Department at 1-866-675-1465 as soon as possible after the incident.
- Provide all the necessary information, including the rental car company's name and location, the rental dates, and the incident details.
- Provide copies of all documents related to the incident, including the rental agreement, police report, and repair estimates.
- Cooperate with the insurance company's investigation and provide any additional information or documentation as required.
Conclusion
Bank of America Travel Rewards Card Rental Insurance is a valuable benefit that can save you a lot of money and hassle in case of an accident while driving a rented car. However, it is important to understand the coverage and limitations of the insurance before you use it. Make sure to read the terms and conditions of the insurance carefully and contact the Bank of America Travel Rewards Card Rental Insurance Claims Department if you need to file a claim.