RBC Rewards Visa Car Rental Insurance – A Comprehensive Guide

Have you ever rented a car, only to find out that your personal insurance doesn't cover it? Or have you ever been surprised by extra fees on your car rental bill? With the RBC Rewards Visa Car Rental Insurance, you can protect yourself and your wallet from unexpected costs.

What is RBC Rewards Visa Car Rental Insurance?

RBC Rewards Visa Car Rental Insurance is an optional coverage that is available to RBC Royal Bank Visa cardholders. It provides 3rd party liability coverage and physical damage protection for rented vehicles. This coverage is available at no additional cost when you use your RBC Rewards Visa card to pay for your car rental.

What Does RBC Rewards Visa Car Rental Insurance Cover?

RBC Rewards Visa Car Rental Insurance provides 3rd party liability coverage and physical damage protection for rented vehicles. If you are involved in an accident, this coverage will pay for any damage to another person's property or injury to another person up to a pre-determined limit. It also covers damage to the rental car itself, including theft, vandalism, and fire damage. This coverage will also cover you in the event of an accident or breakdown, providing you with a rental car for up to 30 days.

What are the Eligibility Requirements?

In order to be eligible for RBC Rewards Visa Car Rental Insurance, you must be a Canadian resident over the age of 25 and be using an RBC Royal Bank Visa card to pay for the rental car. You must also be listed as the primary renter on the rental agreement and the rental must be for a period of less than 31 days. In addition, you must comply with the terms and conditions of the rental agreement.

How Do I Make a Claim?

If you are involved in an accident or experience damage to the rental car, you must contact the rental agency within 24 hours of the incident. You must then submit a completed RBC Rewards Visa Car Rental Insurance claim form, along with supporting documentation, to RBC Royal Bank. Once your claim is approved, you will be reimbursed for any eligible expenses incurred.

What Are My Alternatives?

If you do not have RBC Rewards Visa Car Rental Insurance, there are other ways to protect yourself when renting a car. You can purchase rental car insurance from the rental agency, or you can purchase a travel insurance policy that includes rental car coverage. You can also use your own car insurance policy to cover the rental car, although you should check with your car insurance provider to make sure that you have the appropriate coverage.

RBC Rewards Visa Car Rental Insurance is a great way to protect yourself and your wallet from unexpected costs when renting a car. If you are an RBC Royal Bank Visa cardholder, you can take advantage of this coverage and rest assured that you are covered in the event of an accident or damage to the rental car.