{"id":4760,"date":"2023-10-31T04:43:12","date_gmt":"2023-10-31T04:43:12","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=4760"},"modified":"2023-11-01T04:47:08","modified_gmt":"2023-11-01T04:47:08","slug":"amex-rental-car-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/car-insurance\/amex-rental-car-insurance\/","title":{"rendered":"Amex Rental Car Insurance: Everything You Should Know"},"content":{"rendered":"

When it comes to renting a car, it’s important to ensure that you have rental insurance for protection. American Express (Amex), a renowned name in the world of finance, offers a range of benefits and perks to its cardholders, and this include rental car insurance. But what exactly does Amex rental car insurance entail, and how can it safeguard your travel plans? This guide explains these and everything you need to know about Amex rental car insurance with apt clarity.<\/p>

What Amex Rental Car Insurance is About <\/span><\/h2>

American Express (Amex) rental car insurance, often referred to as “Car Rental Loss and Damage Insurance,” is a valuable benefit offered to cardholders of select American Express credit cards. This insurance coverage can save you money and provide peace of mind when you rent a car. It protects you from the financial burden of repair costs or replacement of a rental car in case of damage or theft. <\/p>

How Does Amex Rental Car Insurance Work?<\/span><\/h2>

To access Amex’s rental car insurance, you need to pay for the entire car rental using your eligible Amex card. Then choose the type of coverage you want. Amex generally provides two primary types of rental car insurance. The first is a Collision Damage Waiver (CDW) and the second is liability insurance. CDW coverage protects you from paying for damage to or theft of the rental vehicle. While liability insurance offers secondary liability coverage, which can help cover costs if you’re involved in an accident and are found responsible for damage to another person’s property or injuries. Amex’s coverage may not apply in certain situations, such as rentals exceeding a specified number of days or specific types of vehicles (e.g., luxury or exotic cars). Therefore review your card’s terms and conditions to understand these exclusions.<\/p>

Once you experience an incident during your rental, you’ll need to report it to Amex as soon as possible. They will guide you through the claim process, which involves submitting some documents. Examples of such documents include your rental agreement, incident report, and repair estimates.<\/p>

What is Covered?<\/span><\/h2>

As much as your Amex card can cover your car rental insurance, it’s recommended to review the specific terms and conditions of your individual credit card. It will help you ascertain the extent and nature of the coverage it provides. This is because there’ll definitely be a limit on what your card can cover or not cover. Generally, the following expenses are expected to be covered with Amex rental car insurance:<\/p>