Scotiabank Momentum Visa Rental Car Insurance: A Comprehensive Guide

What is Scotiabank Momentum Visa Rental Car Insurance?

Scotiabank Momentum Visa Rental Car Insurance is an insurance policy offered to individuals who have a Scotiabank Momentum Visa credit card. This insurance is designed to protect rental car drivers in case of an accident or other covered incident that could cause damage to the rental car or any third-party property. The insurance is valid worldwide and can be used to cover any rental car booked through a rental car agency, online or offline. It is important to note that the insurance only covers rental cars, and not any other types of vehicles.

What Does Scotiabank Momentum Visa Rental Car Insurance Cover?

Scotiabank Momentum Visa Rental Car Insurance covers a wide range of incidents that could occur while driving a rental car. It covers incidents such as collisions, theft, vandalism, fire and flood damage. The policy also covers any third-party property damage that may result from an accident. It also covers medical expenses for the driver and any passengers. The policy also covers up to $2,000,000 in liability coverage for any third-party claims arising from an accident.

How Much Does Scotiabank Momentum Visa Rental Car Insurance Cost?

The cost of the insurance depends on the type of rental car and the duration of the rental period. Generally, the insurance costs around $10 per day for a standard rental car. The cost of the insurance can vary depending on the type of rental car, the length of the rental period, and the location of the rental. It is important to note that the insurance does not cover any additional expenses such as towing, rentals for additional drivers, or any additional insurance that may be required by the rental car company.

Who is Eligible for Scotiabank Momentum Visa Rental Car Insurance?

Any individual who has a Scotiabank Momentum Visa credit card is eligible for the insurance. It is important to note that the insurance does not cover any additional drivers that are not listed on the rental agreement. Additionally, the insurance does not cover any drivers that are under the age of 25. It is also important to note that the insurance does not cover any personal belongings that are left in the rental car.

How Can I Make a Claim?

If an incident occurs that is covered by the insurance, the driver can make a claim by calling the Scotiabank Momentum Visa customer service line. The customer service representative will ask for details regarding the incident and will then provide instructions on how to proceed with making a claim. The driver must provide all relevant information regarding the incident, including any documentation such as police reports and rental agreement forms. Once all the necessary paperwork is submitted, the claim will be processed and the insurance company will determine if the incident is covered under the policy.

Conclusion

Scotiabank Momentum Visa Rental Car Insurance is a great way to protect yourself from any unexpected expenses that may arise from accidents or other incidents that occur while driving a rental car. The insurance is valid worldwide and provides coverage for any rental car booked through a rental car agency, online or offline. The insurance is relatively inexpensive and provides a wide range of coverage for rental car drivers. If an incident occurs that is covered by the policy, the driver can make a claim by calling the Scotiabank Momentum Visa customer service line.