Chase Sapphire Preferred: Unraveling The Auto Insurance Travel Conundrum

The Chase Sapphire Preferred credit card offers a wide range of travel insurance benefits to its cardholders. These benefits include trip cancellation and interruption insurance, baggage delay insurance, trip delay reimbursement, lost luggage reimbursement, primary rental car insurance, travel accident insurance, and travel and emergency assistance services. The coverage limits and specific terms of these benefits vary, but they generally provide reimbursement for non-refundable travel expenses, delayed or lost baggage, rental car damage, and accidental death or dismemberment while travelling. To qualify for these benefits, cardholders must use their Chase Sapphire Preferred card to pay for at least a portion of their travel expenses. Overall, the travel insurance offered by the Chase Sapphire Preferred card can provide valuable protection and peace of mind for travellers, but it is important to carefully review the specific terms and limitations of each benefit before relying solely on this coverage for travel protection.

Trip cancellation and interruption insurance

The coverage limit is $10,000 per person and $20,000 per trip. This includes reimbursement for prepaid, non-refundable travel expenses, such as passenger fares, tours, and hotels.

To be eligible for reimbursement, the trip must be cancelled or cut short due to a covered situation. Covered situations include sickness, severe weather, jury duty, and military orders. Coverage does not include cancellations due to financial circumstances, pre-existing medical conditions, or travel longer than 60 days.

To file a claim, cardholders should contact the benefit administrator as soon as possible and provide supporting documentation. The claim must be filed within 20 days of the incident, or as soon as reasonably possible if the cardholder is physically unable to do so within that time frame.

Trip delay reimbursement

To be eligible for trip delay reimbursement, you must have purchased your travel fare with an eligible Chase card or rewards earned with an eligible Chase card. Additionally, the trip must be away from your city of residence and less than 365 days in length.

It's important to note that trip delay reimbursement does not cover prepaid expenses. In the event of a delay, you must notify a Chase Benefit Administrator within 60 days and provide the necessary documentation to support your claim.

The Chase Sapphire Preferred® Card offers a comprehensive suite of travel insurance benefits, including trip cancellation protection, trip interruption coverage, baggage delay reimbursement, lost luggage coverage, auto rental collision damage waiver, and travel accident insurance. These benefits can provide peace of mind and financial protection during your travels.

Baggage delay insurance

If your checked baggage is delayed by more than six hours, the Chase Sapphire Preferred card offers a reimbursement of up to $100 per day for five days. This benefit can be used to cover essential items such as clothing, toiletries, and a phone charger. To be eligible for this benefit, the plane ticket must be paid for with the Chase Sapphire Preferred card.

To file a claim, you will need to call the number on the back of your card within 20 days of the incident and provide proof of baggage delay from the airline, as well as receipts for the items you purchased during the delay.

This benefit can provide peace of mind and help you cover unexpected expenses if your baggage is delayed during your trip. It is important to note that contact lenses, eyeglasses, hearing aids, and money are not eligible for reimbursement under this policy.

In addition to baggage delay insurance, the Chase Sapphire Preferred card also offers a range of other travel benefits and protections, including primary rental car insurance, travel delay reimbursement, trip cancellation and interruption insurance, lost luggage reimbursement, roadside assistance, and travel accident insurance. These benefits can provide valuable assistance and reimbursement for various travel-related incidents and expenses.

Lost luggage reimbursement

The reimbursement is based on the actual cash value of the lost or damaged items, which is calculated as the replacement cost minus depreciation. There are limits, however, on the reimbursement for certain items. For example, there is a $500 limit each for jewellery and electronics.

To qualify for the reimbursement, you must report the loss or damage to the carrier immediately and submit a carrier damage report with your claim. You will also need to provide supporting documentation for your claim, such as receipts for the items.

Primary rental car insurance

The Chase Sapphire Preferred Card offers primary rental car insurance coverage, which means that you won't need to file with your personal auto insurance company first. This coverage is available in most foreign countries and for rentals of up to 31 consecutive days.

To be eligible for this coverage, you must meet a few requirements:

• Use your Chase Sapphire Preferred Card to pay the total price of the car rental.
• Decline the rental company's collision damage waiver coverage or similar coverage options that cover damage to the rental car.
• Check the rental car for any prior damage before driving it off the lot.

The coverage includes reimbursement for any damage or theft to the vehicle while in your control, as well as loss-of-use charges, and administrative and towing fees imposed by the rental company. The coverage is up to the actual cash value of the vehicle.

It's important to note that this primary rental car insurance does not include liability coverage for damage caused to other vehicles or property, or injuries to you, your passengers, or anyone outside the car. It also excludes certain types of vehicles, such as high-value and exotic cars, antique cars, vehicles with open cargo beds, motorcycles, and recreational vehicles.

If you need to file a claim, you can do so over the phone or online. The process should be initiated within 100 days of the damage or theft, and you'll need to submit all required documentation within 365 days.

Frequently asked questions