Cibc Aeroplan Visa Car Rental Insurance

What is Cibc Aeroplan Visa Car Rental Insurance?

Cibc Aeroplan Visa Car Rental Insurance is a rental car insurance coverage offered by the Canadian Imperial Bank of Commerce (CIBC). It is a comprehensive coverage that allows Aeroplan Visa cardholders to protect themselves when renting a car. The coverage includes collision and comprehensive damage, up to $100,000 in liability protection, plus a deductible of up to $1,000. It also provides coverage for towing, theft, loss of use and other accident-related expenses. The coverage is available for vehicles rented in Canada and the United States.

Who is Eligible for Cibc Aeroplan Visa Car Rental Insurance?

In order to be eligible for Cibc Aeroplan Visa Car Rental Insurance, you must be a valid Aeroplan Visa cardholder. The card must be used to make the car rental payment. The coverage is available for rentals of up to 31 days for both individuals and corporations.

What Does Cibc Aeroplan Visa Car Rental Insurance Cover?

Cibc Aeroplan Visa Car Rental Insurance provides coverage for collision and comprehensive damage, up to $100,000 in liability protection, plus a deductible of up to $1,000. The coverage also includes towing, theft, loss of use and other accident-related expenses. The coverage is available for vehicles rented in Canada and the United States.

What Does Cibc Aeroplan Visa Car Rental Insurance Not Cover?

Cibc Aeroplan Visa Car Rental Insurance does not cover damage to the interior or exterior of the vehicle, personal items or property inside the vehicle, mechanical breakdown or repair, as well as any other damage that is not caused by an accident or collision. It also does not cover any rental extensions beyond the 31-day limit.

How Much Does Cibc Aeroplan Visa Car Rental Insurance Cost?

Cibc Aeroplan Visa Car Rental Insurance is available at no additional cost to the cardholder. However, there is a deductible of up to $1,000, which is payable by the cardholder in the event of an accident.

How to Make a Claim with Cibc Aeroplan Visa Car Rental Insurance?

If you need to make a claim with Cibc Aeroplan Visa Car Rental Insurance, you must contact the CIBC Aeroplan Visa Card Insurance Department within 30 days of the incident. You will need to provide details of the incident and the rental agreement, as well as supporting documentation such as police reports and repair estimates. The claim can take up to 8 weeks to process and the deductible must be paid by the cardholder.