What You Need to Know About Car Rental Insurance with Your Costco Card

Are you a Costco member who is planning to rent a car? If so, you’re likely wondering if you can use your Costco card to get car rental insurance. The answer is yes! As a Costco member, you get access to some amazing benefits, including discounted car rentals and car rental insurance. Let’s take a closer look at what you need to know about car rental insurance with your Costco card.

What Is Car Rental Insurance?

Car rental insurance is a type of insurance coverage that you can purchase when you rent a car. It helps you cover the cost of damage to the car that may occur during the rental period. It can also help protect you from liability claims if you are involved in an accident while driving the rental car. It’s important to note that car rental insurance is not the same as car insurance. Car insurance coverage applies to your own personal car, while car rental insurance applies to rental cars.

How Does Costco Car Rental Insurance Work?

Costco car rental insurance is provided through a third-party company called Avis. When you rent a car through Costco, you will be given the option to purchase Avis’s car rental insurance coverage. The coverage is offered at a discounted rate for Costco members, so it’s a great way to save money. Avis’s car rental insurance coverage provides protection for physical damage, liability, and loss of use. The coverage is valid for the duration of your rental period.

What Does the Coverage Include?

Avis’s car rental insurance coverage includes physical damage, liability, and loss of use coverage. The physical damage coverage protects you against damage to the rental car that may occur during your rental period. The liability coverage protects you against third-party claims that may arise from an accident while driving the rental car. The loss of use coverage helps cover the costs associated with not being able to rent out the car while the car is being repaired.

Do I Need to Purchase Insurance?

It’s important to note that you may not need to purchase car rental insurance. Many credit cards, including those offered by Costco, offer rental car insurance coverage. If your credit card provides rental car insurance coverage, then you may not need to purchase additional coverage. Be sure to check with your credit card provider to see if they offer rental car insurance coverage.

Conclusion

As a Costco member, you can take advantage of discounted car rentals and car rental insurance. The car rental insurance is offered through a third-party company called Avis and provides coverage for physical damage, liability, and loss of use. However, it’s important to note that you may not need to purchase car rental insurance if your credit card provides rental car insurance coverage. Be sure to check with your credit card provider to see if they offer rental car insurance coverage before you purchase additional coverage.