Scotiabank Credit Card Car Rental Insurance Benefits

Are you planning a road trip or a business travel? If so, it is important to make sure that you have the right kind of insurance coverage for your car rental. Fortunately, with credit cards from Scotiabank, you can get the coverage that you need without having to worry about extra costs. Scotiabank credit cards offer a variety of benefits when it comes to car rental insurance, including coverage for car rental damages and theft.

What is Covered?

Scotiabank credit cards provide coverage for damages caused by collision, theft, or vandalism. The insurance covers a variety of rental cars, including cars rented in Canada, the United States, and abroad. The coverage also includes any additional drivers listed on the rental agreement.

What is Not Covered?

Scotiabank credit cards do not cover any personal items that are stolen or damaged while you are renting the car. Additionally, the insurance does not cover any damage that is caused by reckless driving, driving while under the influence of alcohol or drugs, or any damage caused by an act of war or terrorism.

How Much Coverage Do I Have?

The amount of coverage you have depends on the type of credit card you have. Generally, the coverage is up to $50,000 for each rental period. Additionally, you are responsible for the first $1,000 of the rental car’s repair or replacement costs.

How Do I Get Coverage?

In order to receive coverage, you must make your rental car reservation with the Scotiabank credit card and decline the rental car company’s coverage. You must also be listed as the primary renter of the car. Additionally, you must make sure that you follow all of the rental car company’s rules and regulations.

The Benefits of Car Rental Insurance

Car rental insurance is a great way to protect yourself in case of a rental car accident or theft. With the right insurance coverage, you can feel confident that you will not be stuck with large repair or replacement costs. With the credit cards from Scotiabank, you can get the coverage you need without having to worry about extra costs.