Cibc Visa Auto Rental Collision Loss Damage Insurance

Are you looking for a insurance plan to cover your auto rental vehicle? Cibc Visa Auto Rental Collision Loss Damage Insurance may be the right choice for you. Cibc Visa Auto Rental Collision Loss Damage Insurance is a coverage plan made available to Visa cardholders when they rent an automobile with their card.

What Does Cibc Visa Auto Rental Collision Loss Damage Insurance Cover?

The Cibc Visa Auto Rental Collision Loss Damage Insurance covers any damage to or theft of the rental vehicle for up to 48 consecutive days in Canada and the United States. This includes damage caused by collision, vandalism, fire, and theft. It also covers up to $75,000 of the vehicle’s replacement cost. Cibc Visa Auto Rental Collision Loss Damage Insurance also provides coverage for additional expenses, such as towing and storage charges, as well as reimbursement for some rental charges if the rental vehicle is stolen or damaged.

What Are the Eligibility Requirements for Cibc Visa Auto Rental Collision Loss Damage Insurance?

In order to be eligible for the Cibc Visa Auto Rental Collision Loss Damage Insurance, you must be a Visa cardholder. The rental vehicle must be rented with your Visa card and the rental must be for a period of 48 consecutive days or less. The rental vehicle must also be used for pleasure or business purposes, not for any illegal activity. Finally, the rental vehicle must be rented from a licensed rental agency in Canada or the United States.

What Are the Exclusions of Cibc Visa Auto Rental Collision Loss Damage Insurance?

Cibc Visa Auto Rental Collision Loss Damage Insurance does not cover any damage to the rental vehicle caused by intentional acts, careless driving, or any illegal activities. It also does not cover any personal property that is damaged or stolen from the rental vehicle. Additionally, it does not cover any liability for bodily injury or property damage caused by the use of the rental vehicle.

What Are the Benefits of Cibc Visa Auto Rental Collision Loss Damage Insurance?

The Cibc Visa Auto Rental Collision Loss Damage Insurance offers many benefits to cardholders. It provides coverage for damage to or theft of the rental vehicle for up to 48 consecutive days. This coverage includes damage caused by collision, vandalism, fire, and theft. Additionally, it provides coverage for additional expenses, such as towing and storage charges, as well as reimbursement for some rental charges if the rental vehicle is stolen or damaged. Finally, it provides peace of mind knowing that you are covered in the event of an accident or theft.

Conclusion

Cibc Visa Auto Rental Collision Loss Damage Insurance is an excellent choice for those looking for coverage for their rental vehicles. It provides coverage for damage to or theft of the rental vehicle for up to 48 consecutive days and coverage for additional expenses, such as towing and storage charges. Additionally, it offers peace of mind knowing that you are covered in the event of an accident or theft. If you are a Visa cardholder and looking for coverage for your rental vehicle, the Cibc Visa Auto Rental Collision Loss Damage Insurance may be the right choice for you.