American Express Platinum Car Rental Insurance
American Express Platinum Car Rental Insurance
What is it?
American Express Platinum Car Rental Insurance is an insurance product offered by American Express. It is designed to provide insurance coverage when you rent a car on an American Express card. The insurance covers damage to the rental car, as well as any personal items that may be lost or damaged as a result of the rental. It also covers liability for any injury or damage caused by the rental car. The insurance is offered in two levels, Platinum and Gold. The Platinum level offers the highest level of coverage, while the Gold level offers a lower level of coverage.
What Does It Cover?
When you use American Express Platinum Car Rental Insurance, it will cover any damage to the rental car and any personal items that are lost or damaged during the rental period. It also covers liability for any injury or damage caused by the rental car. This includes damage caused to other vehicles or property, as well as medical expenses for any passengers who are injured in the rental car. The insurance also covers up to $1 million in legal costs should you be sued as a result of an accident involving the rental car.
What Are the Eligibility Requirements?
In order to be eligible for American Express Platinum Car Rental Insurance, you must be a cardholder of an American Express card. You must also be the primary renter of the rental car and the rental must be charged to your American Express card. The rental must also be for a period of 30 days or less. You must also be a resident of the United States or Canada, and the rental must be in the United States or Canada.
What Are the Benefits of American Express Platinum Car Rental Insurance?
The main benefit of American Express Platinum Car Rental Insurance is that it provides a high level of coverage for a relatively low cost. The insurance covers damage to the rental car and any personal items that are lost or damaged in the rental. It also covers liability for any injury or damage caused by the rental car. Additionally, the insurance covers up to $1 million in legal costs should you be sued as a result of an accident involving the rental car.
What Are the Limitations of American Express Platinum Car Rental Insurance?
While American Express Platinum Car Rental Insurance provides a high level of coverage, there are some limitations. The insurance does not cover any damage or theft of personal items that are not in the rental car. Additionally, the insurance does not cover any damage or theft of items that occur off the rental car premises, such as in a hotel room or at a restaurant. Additionally, the insurance does not cover any damage or theft of items that were not in the rental car when it was rented. Finally, the insurance does not cover any damage or theft of items that occur outside the United States or Canada.
How Much Does American Express Platinum Car Rental Insurance Cost?
American Express Platinum Car Rental Insurance is relatively inexpensive. The cost of the insurance depends on the type of rental car you are renting and the length of the rental period. Generally, the cost of the insurance is between $15 and $25 per day. The cost of the insurance is added to the cost of the rental car, so you will not have to pay for the insurance separately.