MasterCard® cardholders can benefit from the security and safety offered through MasterRental® Insurance. If you rent a vehicle for fifteen (15)
consecutive days or less with your MasterCard card, you may be eligible for benefits under this coverage. MasterRental is an insurance program.
> You or yours means MasterCard cardholder.
To get coverage:
> Initiate and pay for the entire rental agreement/contract (tax, gasoline, and airport fees are not considered rental charges) with your
MasterCard card. If a rental company promotion/discount of any kind is initially applied toward payment of the rental vehicle, at least one (1)
day of rental must be billed to your MasterCard card.
> You must decline the Collision/Damage Waiver offered by the vehicle rental company.
> You must rent the vehicle in your own name and sign the vehicle rental agreement/contract.
> Your rental agreement/contract must be for a rental period of fifteen (15) consecutive days or less. Rental periods that exceed, or are intended
to exceed, fifteen (15) consecutive days are not covered.
> You must rent a vehicle (including minivans and sport utility vehicles that are designed to accommodate nine passengers or fewer) that is
intended for bound surfaces, such as concrete or tarmac. Rented vehicles must have a manufacturer’s suggested retail price of $50,000 or
The kind of coverage you receive:
> MasterRental will pay for covered damages on a secondary basis for which you are, or any other authorized driver is, legally responsible to the
> Covered damages include:
> Physical damage to and theft of the vehicle, not to exceed the limits outlined below.
> Reasonable loss-of-use charges imposed by the vehicle rental company for the period of time the rental vehicle is out of service. Loss-of-use
charges must be substantiated by a location- and class-specific fleet utilization log.
> Reasonable towing charges to the nearest factory-authorized collision repair facility.
> If you have, or an authorize