Citi Costco Card Car Rental Insurance: What You Need to Know

What is Citi Costco Card Car Rental Insurance?

Citi Costco Card Car Rental Insurance is a coverage option available on the Costco Anywhere Visa Card by Citi. It provides insurance coverage for rental cars in the case of theft, damage, or loss of use. It also offers additional benefits, such as zero deductible and up to $75,000 in rental car coverage for an entire rental period. The coverage is available only for rentals of up to 31 days, and is offered at no additional cost or charge to the cardholder.

What Does Citi Costco Card Car Rental Insurance Cover?

Citi Costco Card Car Rental Insurance covers damage to or theft of a rental car, as well as loss of use. It also pays for repair or replacement of the rental car, up to the actual cash value of the car, as determined by the rental car company. In the case of a total loss, the cardholder is covered up to the actual cash value of the car, up to $75,000. Citi Costco Card Car Rental Insurance also pays for towing and storage costs, as well as any other costs related to the rental car, up to the actual cash value of the car.

What Is Not Covered Under Citi Costco Card Car Rental Insurance?

Citi Costco Card Car Rental Insurance does not cover any damage, theft, or loss of use caused by the cardholder, or any other person driving the rental car. It also does not cover any damage or loss caused by natural disasters, such as floods, earthquakes, or hurricanes. Additionally, Citi Costco Card Car Rental Insurance does not cover any damage or loss caused by an accident that occurs outside the United States and its territories.

How Do I Use Citi Costco Card Car Rental Insurance?

Using Citi Costco Card Car Rental Insurance is easy. All you need to do is book your rental car using your Costco Anywhere Visa Card by Citi, and then decline the rental car company’s insurance coverage. Citi Costco Card Car Rental Insurance will automatically be applied to your rental car booking. If you do experience a theft, damage, or loss of use, you will need to contact Citi within 60 days of the incident to make a claim.

What Are the Benefits of Citi Costco Card Car Rental Insurance?

The primary benefit of Citi Costco Card Car Rental Insurance is that it is offered at no additional cost or charge to the cardholder. This makes it a great option for those who are looking for an affordable way to get coverage for their rental cars. Additionally, Citi Costco Card Car Rental Insurance provides up to $75,000 in coverage, so cardholders have the peace of mind that their rental cars are protected in the event of a theft, damage, or loss of use. Finally, Citi Costco Card Car Rental Insurance is easy to use, as all you need to do is book your rental car using your Costco Anywhere Visa Card by Citi and then decline any insurance coverage offered by the rental car company.