The Bank of America Travel Rewards credit card offers rental car insurance coverage as part of its benefits package. Here are the key details:
Coverage Type
- Auto Rental Collision Damage Waiver (CDW)
- Covers damage due to collision or theft of the rental vehicle
Coverage Details
- Secondary coverage, meaning it applies after your personal auto insurance
- Covers up to the actual cash value of most rental cars
- Valid for rental periods up to 48 consecutive days
How to Activate
- Decline the rental company’s collision damage waiver (CDW/LDW) option
- Pay for the entire rental car transaction with your Bank of America Travel Rewards credit card
Important Notes
- Coverage is automatic when requirements are met
- Does not cover certain types of vehicles or rentals in some countries
- Personal items, liability, or injuries are not covered
Claim Process
While specific details about the claim process aren’t provided in the search results, typically you would need to:
- Report the incident to the credit card company promptly
- Gather necessary documentation (police report, rental agreement, repair estimates)
- File a claim with the credit card’s benefits administrator
It’s advisable to review the full terms and conditions of the auto rental CDW benefit, as coverage can vary and may have exclusions or limitations not mentioned here.