Does Capital One Cover Rental Car Insurance?
The short answer is, it depends. Many Capital One credit cards include the option to add rental car insurance when you book the car. Most offer secondary insurance, which means that it will cover what your primary personal auto insurance does not.
Types of Coverage Offered
Capital One offers several types of rental car insurance coverage.
- Loss Damage Waiver – This protects you from incurring costs if the rental vehicle is damaged or stolen, up to a certain amount. Coverage is usually up to $50,000.
- Supplemental Liability: This gives you added protection against legal damage claims if someone is injured or property is damaged. It offers coverage of up to $1 million.
- Personal Accident Insurance – In the event of an accident that results in injury, this covers you and your passengers, with coverage up to $50,000.
- Personal Effects Coverage – Covers damage or loss of personal items like jewelry, cameras, and electronics. It offers up to $1,000 in coverage.
When Does Capital One Cover Rental Car Insurance?
Capital One covers rental car insurance under certain conditions. It is important to check with your card issuer to see what is covered and what is not. Generally, Capital One covers rental car insurance for you when:
- Your rental agreement is paid in full with your Capital One card. Your insurance coverage is secondary to any insurance policy you have in place with your personal auto insurance company.
- The rental car is used for leisure purposes. Rental car insurance coverage applies to cars rented for business use, but not for commercial fleet vehicles.
- The car is rented in the U.S. or Canada. There may be additional restrictions on coverage depending on where the car is rented.
- You decline the rental car company’s insurance. This is usually done at the rental counter and will activate your Capital One coverage.
In summary, the answer to the question “Does Capital One cover rental car insurance?” is yes, but the coverage is limited and subject to special requirements. Be sure to read the rental car insurance details carefully to see what is and isn’t covered.