Do I need insurance if I plan to rent a car while traveling?
When it comes to traveling, your commute often doesn’t end when your plane lands, or even once you get to the hotel. You're likely going to have places to go and things to see, and because of that, you might end up renting a car. Your trip may already be protected with travel insurance, but did you know you can upgrade your plan to include coverage for your rental vehicle, too?
If an upcoming trip includes a rental car, the Travelex Car Rental Collision upgrade provides the extra bit of protection you may need. In the event your car is involved in a collision, Car Rental Collision is able to provide increased coverage to help pay expensive bills that might incur.
What does the Car Rental Collision upgrade include?
Being involved in a car accident while you’re away can not only ruin your vacation or business trip - it can end up costing you a fortune, too. With the Car Rental Collision upgrade, you and a traveling companion (listed on the car rental agreement) can both be covered for the duration of your trip for rental car damages or loss as a result of:
With the Car Rental Collision upgrade, if your rental car sustains a few hundred or thousands of dollars worth of damage, you only have to pay a $100 deductible upfront, while the rest can be covered.
How do I submit a car rental claim?
Should your rental car sustain damage and you’re covered by the Travelex Car Rental Collision upgrade, take these steps as quickly as possible:
- Take any necessary steps to avoid further loss or damage.
- Report the loss to the local authorities and rental car company.
- Collect any related information from any other parties involved in the accident such as names, addresses, insurance information, and driver's license numbers.
- Send all collected documentation between you and the other party to Travelex for reimbursement consideration (rental agreement, policy report, damage estimate and receipts).
The Car Rental Collision upgrade provides you with an excellent safeguard while on the road and whenever a rental vehicle is in your possession during your covered trip.
More upgrades to customize your policy
Enjoy extra medical expenses coverage in the event of an accident, injury or medical evacuation.
Protect yourself while flying to and from your vacation destination.
Engage in the adventurous activities you love while traveling.
Cancel your trip for any reason up to 48-hours prior to your departure.