Optional coverage
Rental Car Damage provides reimbursement for damage to, or theft of, a rental vehicle during a covered trip.
CAR RENTAL COLLISION COVERAGE
The Company will reimburse up to the Maximum Limit shown in the Schedule, subject to the Deductible, if the Insured rents a vehicle while on a Trip and the vehicle is damaged due to collision, vandalism, windstorm, fire, hail or flood, while in their possession.
The Company will pay the lesser of:
a) the cost of repairs and rental charges imposed by the rental company while the vehicle is being repaired; or
b) the Actual Cash Value of the vehicle.
Coverage is provided to the Insured and their Traveling Companion, provided they are a licensed driver and are listed on the rental agreement.
Coverage does not apply in countries or states where the sale of this insurance is prohibited by law.