Yes, the Capital One Quicksilver Cash Rewards Credit Card does provide car rental insurance, but it's a secondary coverage benefit. This means it will only cover costs that your primary personal auto insurance policy doesn't cover, such as your deductible or certain excluded losses. It does not act as your main insurance when renting a vehicle.
This benefit is an Auto Rental Collision Damage Waiver (CDW). When you use your Quicksilver card to pay for the entire rental and decline the rental company's own collision insurance, the card's coverage can protect you against damage or theft of the rental car. It does not cover liability for injury to others or damage to their property.
Key Requirements and Limitations:
- Eligibility: You must be the primary renter and use your Quicksilver card for the entire rental transaction.
- Secondary Nature: You must file a claim with your personal auto insurance first. The card's coverage then kicks in for eligible out-of-pocket expenses.
- Coverage Period: Typically covers rentals for up to 15 consecutive days in your country of residence.
- Exclusions: The coverage does not apply to certain vehicle types like expensive luxury cars, vans with seating for more than 9 people, motorcycles, and antique cars. It also excludes liability coverage.
The benefit is administered by a third party, and the specific terms can change. Before you rent, it is crucial to read the Guide to Benefits that comes with your card or check Capital One's website for the most current details to understand the full scope of coverage and the claims process.
