2019 chase freedom categories1/17/2024 ![]() ![]() If you have trip cancellation, you can get reimbursed for all of those expenses (with certain cards). These protections are very valuable because they reimburse you for pre-paid, non-refundable costs in the event that certain circumstances prevent you from traveling.įor example, you might book a trip with pre-paid airfare and hotel stays that are all non-refundable (the non-refundable rates are usually always the cheapest). When people talk about travel insurance, they are often thinking mostly about trip cancellation and interruption. ![]() It’s also worth noting that there are some exceptions to the coverage such as renting certain vehicles. Excluded worldwide are:Īlso, the benefit only covers vehicle rental periods that do not exceed or are not intended to exceed 31 consecutive days within or outside of your country of residence. The cards offer coverage for you (the cardholder) and any additional drivers permitted to operate the vehicle under the terms of the rental agreement (basically other people who have signed the contract). If you want primary rental car coverage everywhere you go, you’re much better off to go with a card like the Chase Sapphire Preferred ( full review here). This essentially turns the coverage into primary rental car coverage but only outside your country of residence. Outside your country of residence or if you do not have automobile insurance, you do not have to claim payment from any other source of insurance before receiving coverage under this benefit. But you can get coverage for deductibles and other charges such as administration fees. In other words, Auto Rental CDW will not pay for theft or damage reimbursable by your own insurer, employer, employer’s insurance, or any other valid and collectible reimbursement. This is secondary coverage in your country of residence which means it supplements, and applies in excess of, any valid insurance. The Auto Rental CDW benefit provides reimbursement for damage due to collision or theft up to the actual cash value of most rental vehicles Rental car insurance (Collision damage waiver)īoth the Freedom cards come with rental car insurance (also known as Auto Rental Collision Damage Waiver). These different versions of Visa cards come with different types of benefits and travel insurance and I’ll go into detail below. If you are approved for a Visa Signature version, you’re usually given a minimum credit line of $5,000. You can’t apply for one version and instead you will be approved for one or the other when you apply based on Chase’s standards. The Chase Freedom cards (Freedom and Freedom Unlimited) come in two forms: the standard (Visa Platinum) version and the upgraded Visa Signature version. I’ll go into detail below about these different types of travel insurances and tell you everything you need to know about them. ![]() The Chase Freedom cards (both the Chase Freedom and Chase Freedom Unlimited) come with different types of travel insurance benefits depending on the type of Visa credit card that you are issued.
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