Amex Gold Car Rental Insurance: What You Need to Know

When it comes to renting a car, having the right insurance coverage can make all the difference. If you’re a cardholder of the American Express Gold Card, you may be eligible for car rental insurance coverage. In this article, we’ll go over everything you need to know about Amex Gold car rental insurance, including how it works, what’s covered, and how to make a claim.

What is Amex Gold Car Rental Insurance?

Amex Gold car rental insurance is a benefit offered to American Express Gold Card members that provides coverage for damage, theft, and loss of use of a rental car. This coverage is secondary to your personal auto insurance policy, which means that it will only kick in after your primary insurance has been exhausted.

In order to be eligible for this coverage, you must decline the rental car company’s collision damage waiver (CDW) or loss damage waiver (LDW) and pay for the entire rental with your Amex Gold Card. Coverage is provided for up to 30 consecutive days and is limited to $50,000 per rental agreement.

How Does it Work?

When you rent a car with your Amex Gold Card and decline the CDW or LDW offered by the rental car company, you will be covered for damage, theft, and loss of use of the rental car. If an incident occurs, you will need to file a claim with Amex within 30 days of the incident.

Amex will require you to submit the following documentation:

• A copy of the rental agreement
• A copy of your credit card statement showing the rental charge
• An itemized repair or replacement estimate from a qualified repair facility (if applicable)
• A police report (if applicable)

Once Amex has received all of the required documentation, they will determine if your claim is covered and provide reimbursement for the eligible amount.

What’s Covered?

Amex Gold car rental insurance provides coverage for the following:

• Physical damage (including theft) to the rental car
• Loss of use of the rental car
• Reasonable and customary towing expenses to the nearest collision repair facility
• Reasonable and customary storage charges imposed by the rental car company while the rental car is being repaired

It’s important to note that this coverage is not applicable for all types of vehicles. Coverage is not provided for rentals of certain types of vehicles, including but not limited to:

• Expensive, exotic, and antique cars
• Vans designed to carry more than 8 people
• Pickup trucks, full-size vans, and other trucks
• Motorcycles, mopeds, and motorbikes
• Recreational vehicles (RVs) and motor homes

What’s Not Covered?

Amex Gold car rental insurance does not provide coverage for the following:

• Personal injury or liability
• Damage to other vehicles, property, or persons
• Rentals made outside of your country of residence
• Any violation of the rental agreement
• Expenses related to in-car equipment, such as GPS or satellite radio
• Expenses related to personal belongings inside the rental car

FAQ

What do I need to do to be eligible for coverage?

In order to be eligible for coverage, you must decline the CDW or LDW offered by the rental car company and pay for the entire rental with your Amex Gold Card.

Is there a limit to how long I can rent a car for and still be covered?

Yes, coverage is provided for up to 30 consecutive days.

What types of vehicles are not covered?

Coverage is not provided for rentals of certain types of vehicles, including expensive, exotic, and antique cars, vans designed to carry more than 8 people, pickup trucks, full-size vans, and other trucks, motorcycles, mopeds, and motorbikes, and recreational vehicles (RVs) and motor homes.

How do I file a claim?

To file a claim, you will need to call the number on the back of your Amex Gold Card within 30 days of the incident. Amex will require you to submit documentation such as the rental agreement, credit card statement, repair estimate, and police report (if applicable).

Is the coverage primary or secondary?

Amex Gold car rental insurance is secondary coverage, which means that it will only kick in after your primary insurance has been exhausted.

How much am I covered for?

Amex Gold car rental insurance provides coverage for up to $50,000 per rental agreement.

Overall, Amex Gold car rental insurance can be a valuable benefit for cardholders who frequently rent cars. Just make sure to read the terms and conditions carefully and understand what is and isn’t covered before renting your next vehicle.