MasterRental Insurance pays for covered damages to the rental vehicle when the
eligible MasterCard card is used to initiate and pay for the entire rental transaction.
The MasterCard cardholder and those designated in the auto rental contract as authorized drivers are covered. The cardholder must rent the car in his or her own name and decline the
collision/loss damage waiver offered by the car rental company.
Covered damages provided for include:
- Physical damage and theft of the vehicle up to its market value, not
to exceed the limits described in the complete MasterRental terms
- Reasonable and customary charges imposed by the rental car company
for the period of time the car is being repaired (“Loss of Use” charges)
that are substantiated by a Fleet Utilization log.
- Reasonable and customary towing charges to the nearest qualified
repair facility imposed by the rental agency on a covered loss.
Certain terms, conditions, limitations, and exclusions apply. Please see
the MasterRental terms and conditions for complete program details.
The information contained herein is provided solely for general informational purposes. It does not intend to be a complete description of all terms, conditions, limitations, exclusions, or other provisions of any program or insurance benefits provided by, or for, or issued to MasterCard. For any questions please contact MasterCard Assistance Center at "1-800-307-7309".