Five Moments That Basically Sum Up Your Costco Visa Rental Car Coverage Experience | Costco Visa Rental Car Coverage

Costco Visa rental car policies are one of the best values you can find. Costco has many perks including airline miles, discounts on merchandise, and a one-time fee to use an airport shuttle if you book your rental car from Costco. But did you know that they also offer coverage for collision damage waiver (CDW) and for theft? This article will help you understand more about Costco Visa car rental coverage.

CDW is the most important type of coverage to have with your Costco Visa rental car policy. The CDW covers your repair or replacement costs in the case of an accident. So even if the rental car has a non-working engine or is in no condition to drive at all, you will be protected. Any other damages that occurred during the accident such as theft, vandalism or accident towing will also be covered.

Another type of CDW coverage you will receive from Costco is the collision damage waiver (CDW). This type of coverage is very similar to the CDW except that it does not cover any deductible. This means that if your car is damaged in an accident, the company will pay for the repairs or replacement of the car.

The third type of CDW you will receive with your Costco Visa rental car is the loss damage waiver (LDW). With this type of coverage, you will be covered for expenses that may occur as a result of theft, vandalism, or accident towing. This type of coverage will also cover any damage to your rented property. So if you were to rent a building with a storefront, this type of coverage would also protect the store and its contents. It is important to note that this type of coverage will only be offered to you, if you book your rental car through Costco.

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If you own a home, you may also want to consider purchasing additional CDW and/or LDW, depending upon your personal needs. The credit card companies offer standard CDW, but if you are seeking additional coverage, such as when on a long road trip, you should consider contacting your credit card provider. You will likely need to purchase extra coverage, especially if your rental car is a high mileage vehicle. You will also likely need to contact your insurance carrier to obtain the cost of this type of insurance. While most policies for credit cards will cover rental car damage, not all do.

Once you have purchased your CDW orLDW from your Costco Visa card, you will simply need to take it to the same place where you received it. The insurance company will issue you a proof of insurance card. Once you possess the proof of insurance card, you can rent a car just like you would if you owned the vehicle.

You should bear in mind, however, that each of these insurance types has different limits of coverage. CDW, which is the most common, will cover the cost of repair to your vehicle if it is damaged beyond the point of replacement. If the cost of repair to your vehicle is greater than the cost of the CDW paid to Costco, the company will pay you the difference. If the cost of repair to your vehicle is less than the amount of the CDW paid to Costco, the company will provide you with a full reimbursement. In addition, Costco Visa holders will be allowed to keep their CDW while they have an active Visa account.

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In summary, this article has discussed the types of insurance that are available with Costco Visa for rental cars. We discussed the cost of these types of insurance, the limitations of these types of coverage, and the process by which you can activate your Costco Visa for rental car coverage online. Now that you have all of the information you need, you are ready to book your next rental car.

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