Why should you buy a rental car insurance plan. This article will give you the answer to this question and show you how much cheaper your rates are with coverage through a preferred car rental company like chase business preferred
What is the car rental insurance?
The car rental insurance is a service that protects customers in the case of theft, fire, or collision while renting a vehicle. It is typically extended by the rental company as part of its policy and includes coverage for damages to the vehicle, as well as reimbursement of expenses incurred. In some cases, the policy covers loss of use of the car while it’s in the custody of the rental company. Depending on the coverage that is included and the terms of your contract with the rental company, you may be required to pay a portion or all of the premium cost.
The benefits of car rental insurance
Many people choose to skip car rental insurance because they believe that it isn’t necessary. However, the benefits of car rental insurance can be significant. Here are five reasons why you should consider adding car rental insurance to your travel plans: 1. Protection from theft If your rental vehicle is stolen,car rental insurance will help cover the cost of replacing it. This coverage can be important if you are traveling in a foreign country where theft is common. 2. Damage from accidents If you are involved in an accident while renting a car,car rental insurance can help cover the costs of repairs or replacement of your rental vehicle. In many cases, this coverage will also include coverage for personal injuries that you may suffer as a result of the accident.
Things to consider when claiming your refund
When claiming your rental car insurance refund, be sure to review the following tips: – Review your receipt and Driver’s License to confirm the damage you reported. – Check to see if your car was towed or if there any other damages reported. – If you are not satisfied with the outcome of the claim process, speak with a car rental insurance representative. The unfortunate reality is that sometimes accidents happen and you may be eligible for a refund. Here are some key things to keep in mind when pursuing a refund: – Make sure your insurance company is aware of the accident. This will help speed up the process of getting a settlement. – If you were at fault, be prepared to pay out of pocket for damages (the landlord or car rental company will not cover this). – Keep all documentation related to the accident, including any receipts or photos. This will make the claim process go more smoothly.
Things to remembe
-If you are a first time Chase Business Preferred cardholder, now is the time to start documenting your spend. Chase is releasing quarterly fraud limits on your account, so it’s important to have a record of your transactions.