Everything You Need to Know About Walmart Mastercard Rental Car Insurance

What Is Walmart Mastercard Rental Car Insurance?

Walmart Mastercard rental car insurance is an insurance plan offered by Walmart's Mastercard credit cards. This coverage is designed to protect cardholders from financial loss due to damage to a rental car, as well as from liability claims made against them as a result of an accident involving the rental car. The coverage is provided at no additional cost to the cardholder, and is available to all Walmart Mastercard cardholders.

What Does Walmart Mastercard Rental Car Insurance Cover?

Walmart Mastercard rental car insurance provides coverage for physical damage to a rental car, as well as liability claims made against the cardholder as a result of an accident involving the rental car. The coverage includes up to $50,000 in physical damage coverage, as well as up to $1 million in liability coverage. The coverage also includes towing and labor costs, as well as reasonable expenses such as loss of use, administrative fees, and diminishment in value.

Who Is Eligible for Walmart Mastercard Rental Car Insurance?

All Walmart Mastercard cardholders are eligible for rental car insurance coverage. The coverage is provided at no additional cost to the cardholder, and is automatically activated when a rental car is charged to the cardholder’s account. The coverage is valid for rentals of up to 45 days, and is available for all types of rental cars and trucks.

How Does Walmart Mastercard Rental Car Insurance Work?

When a rental car is charged to the cardholder’s account, Walmart Mastercard rental car insurance automatically activates. In the event of an accident involving the rental car, the cardholder must contact their Mastercard issuer to report the incident. The cardholder must provide a valid police report, as well as a copy of the rental agreement and all applicable receipts. The issuer will then investigate the claim and determine the amount of coverage to be provided.

Are There Any Exclusions to Walmart Mastercard Rental Car Insurance?

Yes, there are certain exclusions to the coverage provided by Walmart Mastercard rental car insurance. The coverage does not apply to personal items damaged or stolen from the rental car, nor does it cover any damages or losses resulting from an intentional act or criminal act committed by the cardholder. In addition, the coverage does not apply to any rental cars rented in certain countries, including Mexico, Costa Rica, and certain European countries.

Conclusion

Walmart Mastercard rental car insurance is a great way for cardholders to protect themselves from financial loss due to damage to a rental car, as well as from liability claims made against them as a result of an accident involving the rental car. The coverage is provided at no additional cost to the cardholder, and is automatically activated when a rental car is charged to the cardholder’s account. However, it is important to be aware of the exclusions to the coverage, such as damages resulting from an intentional act or criminal act committed by the cardholder.