Rental Car Insurance" width="100%" height="145px" />With more than 10 years of experience making loans and other complex money matters more accessible to the everyday person, Jennifer has helped readers build manageable and healthy money habits. Her work has been featured on numerous national financia.
Jennifer Calonia Loans ExpertWith more than 10 years of experience making loans and other complex money matters more accessible to the everyday person, Jennifer has helped readers build manageable and healthy money habits. Her work has been featured on numerous national financia.
Written By Jennifer Calonia Loans ExpertWith more than 10 years of experience making loans and other complex money matters more accessible to the everyday person, Jennifer has helped readers build manageable and healthy money habits. Her work has been featured on numerous national financia.
Jennifer Calonia Loans ExpertWith more than 10 years of experience making loans and other complex money matters more accessible to the everyday person, Jennifer has helped readers build manageable and healthy money habits. Her work has been featured on numerous national financia.
Loans Expert Dylan Pearl Credit Cards EditorOver a decade of editorial experience across a number of publications and more than 60 countries visited have given Dylan Pearl a wealth of travel knowledge, and the tools to effectively communicate that knowledge to others. Dylan has made it his mis.
Dylan Pearl Credit Cards EditorOver a decade of editorial experience across a number of publications and more than 60 countries visited have given Dylan Pearl a wealth of travel knowledge, and the tools to effectively communicate that knowledge to others. Dylan has made it his mis.
Dylan Pearl Credit Cards EditorOver a decade of editorial experience across a number of publications and more than 60 countries visited have given Dylan Pearl a wealth of travel knowledge, and the tools to effectively communicate that knowledge to others. Dylan has made it his mis.
Dylan Pearl Credit Cards EditorOver a decade of editorial experience across a number of publications and more than 60 countries visited have given Dylan Pearl a wealth of travel knowledge, and the tools to effectively communicate that knowledge to others. Dylan has made it his mis.
| Credit Cards Editor
Updated: Mar 11, 2024, 12:52pm
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Rental Car Insurance" width="100%" height="145px" />
Getty
While you’re away on travel, experiencing issues with your rental car—whether an accident or theft damage—can put a damper on your trip and wallet if you’re not prepared. Fortunately, cardholders with a Chase Freedom-branded credit card have an added layer of protection.
Chase Freedom rental car insurance benefits can offer financial peace of mind if the worst-case scenario happens with your rental vehicle. But the level of coverage you receive can vary, depending on your situation.
Featured Partner Offer
Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.
On Chase Bank USA, NA's WebsiteUp to 6.5X Reward Rate
Earn an additional 1.5% cash back on up to $20,000 spent in the first year, after that 5% cash back Read More
Up to $300 cash back
20.49% - 29.24% Variable
Excellent, Good (700 - 749)
Editorial ReviewA good overall spending card that allows you to hold a balance on new purchases with a low introductory APR, pay no annual fee, and still earn at least 1.5% cashback on all purchases
Pros & ConsEarn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel℠, 4.5% on dining and drugstores, and 3% on all other purchases.
Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.
Chase’s Freedom rental car collision damage waiver offers customers reimbursement coverage for damage to rental cars when the rental is charged to the card. For example, if your vehicle sustains damage due to a collision while in your possession or due to theft you would be covered.
The following Chase Freedom credit card products offer this card benefit:
Rental car collision damage waiver isn’t available for Chase Freedom Rise® customers.
The benefit starts as soon as the rental is in your control and is in effect for up to 31 straight days. As soon as you’ve returned the vehicle to the rental company, the insurance coverage ends.
To use this insurance protection, the entire car rental transaction must be paid for using your Chase Freedom credit card.
Additionally, the primary renter on the agreement must be the person whose name appears on the card. Other individuals who are listed as additional drivers on your agreement are also protected, as long as you remain the primary renter.
The collision damage waiver covers incidents of auto theft, physical damage and other charges imposed by the auto rental company such as:
The reimbursement benefit varies based on the country you’ve rented a vehicle in and your existing personal auto insurance coverage. If you rented a car in the U.S., and have your own primary car insurance policy, Chase’s rental insurance provides secondary coverage protection. You’ll only be reimbursed for your personal insurance’s deductible and any rental company charges that weren’t reimbursed by your own insurance company.
Conversely, if you don’t have personal car insurance or you rented a car in a different country, the Chase Freedom auto rental benefit offers primary protection. The benefit covers all damage charges for your claim, and valid fees charged by the rental company.
Not all vehicles are eligible for the Chase Freedom rental car insurance benefit. Below are some examples of ineligible vehicles:
The Chase Freedom car rental insurance protection can be a financial safety net if you qualify for the benefit. However, in addition to the restrictions above, the following scenarios are ineligible:
Furthermore, if you’ve violated your auto rental agreement, Chase’s car rental coverage won’t protect you in the event of damage. The takeaway is that rental car insurance covers the car, not you.
This list isn’t exhaustive so if you have questions about your unique situation, contact your Benefits Administrator at 1(888) 320-9656 or call at 1(804) 673-1691 from outside the U.S.
If your rental car encounters damage while in your control, here are the steps to file a reimbursement claim.
Whether you’re renting a car in the U.S. or abroad, Chase Freedom rental car insurance offers an armor of protection for drivers. Just make sure you follow the requirements of this benefit so you’re eligible for a reimbursement if the unexpected occurs.
No, Chase Freedom Student cardholders don’t have access to a rental car insurance benefit. However, other Chase credit card products, like the Chase Freedom Unlimited Card, provide this travel protection.
To activate the waiver, you must decline the supplemental insurance that’s offered by the rental company. The eligible Chase Freedom card must be used to pay for the entire rental, and the person whose name is on the card must be the primary renter on the agreement.
Was this article helpful? Share your feedback Send feedback to the editorial team Thank You for your feedback! Something went wrong. Please try again later. Find the Best Credit Card
By Becky Pokora
By Eric Rosenberg
By Chris Butsch
By Chris Butsch
By Jon Nickel-D'Andrea
By JT Genter
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
Loans ExpertWith more than 10 years of experience making loans and other complex money matters more accessible to the everyday person, Jennifer has helped readers build manageable and healthy money habits. Her work has been featured on numerous national financial publications like Credit Karma, Newsweek and LendingTree.
© 2024 Forbes Media LLC. All Rights Reserved.
Are you sure you want to rest your choices?The Forbes Advisor editorial team is independent and objective. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. This compensation comes from two main sources. First, we provide paid placements to advertisers to present their offers. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. This site does not include all companies or products available within the market. Second, we also include links to advertisers’ offers in some of our articles; these “affiliate links” may generate income for our site when you click on them. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Here is a list of our partners who offer products that we have affiliate links for.
