Costco Visa Car Insurance Details: The insurance company Costco, like most insurance companies provides two options for car rentals. There are the self-employed option and the fully comprehensive option. For small to mid-sized companies, the cost of coverage provided through the Costco Visa program is adequate. For larger companies there are many things that they can do to save money on their auto rental expenses.
Costco Visa Car Insurance: For smaller to mid-sized companies Costco travel doesn't cover dropping off and picking up in a local area. Even if the driver does have extra driver's education credits or a discount that they are entitled to them are still responsible to pay the state required annual fee for their own vehicle insurance. For these companies the Costco Visa program can provide an additional discount on purchases for members of their families and employees.
Costco Visa Car Insurance: For companies that don't have access to Costco's Visa Service or don't want to use the Costco Visa Service due to the yearly fee associated with that plan, they can also choose the American Enterprise Plan (AEPS). With the AEPs the only discounts available are on vehicle insurance. Employees and family members only receive the discount on one automobile. That car must be rented through an American Enterprise Service approved provider. Members will have access to discount automobile insurance from American Enterprise but it will be priced higher than the self-employed or the member's family would receive through the Costco Visa program.
If you are a business owner you can get a free car insurance quote from Capital One. They have a website that provides car insurance quotes and information on all aspects of vehicle rentals and ownership. Members of the Capital One Group will receive a 10% discount at any time on purchases of vehicle insurance. Merchants can also take advantage of this discount by providing Capital One card numbers when they are paid for their purchases. Capital One is not affiliated with Costco.
Capital One and Costco Visa cards can be used at over 300 million merchants around the world. There are many different types of car insurance and rental plans that you can get through these cards including collision, comprehensive and liability policies. You can find low cost plans that will give you the coverage that you need at a price that you can afford.
The second group of Costco Visa cardholders that you should consider using for your car rental insurance benefits visa cards are those that are members of the Business Alliance. This company works closely with major hotels, airlines, car rental agencies and others to provide consumers with the best shopping and renting opportunities possible. If you are a hotel employee of a car agency, you will be able to get discounts for being a part of this alliance. There are various ways that you can get your Costco Visa credit card rewards. Some of the ways that you can use your card other than shopping and renting cars including travel, insurance and other forms of purchases.
When you have a Costco Visa card in place, you will need to decide if you want to pay yearly, monthly or for a longer term. For those that are looking for Costco car rental insurance benefits there is an annual fee associated with this option. While this annual fee is not high compared to other types of insurance, you will still save money in the long run because you will not have to pay an extra per year fee. If you need a Costco Visa card that has an annual fee then you should look for one that has no annual fee but does require some sort of payment plan that will allow you to pay off your balance every month.
If you have a Costco Visa card in your hand you will know that you have a great opportunity to save money on the cost of renting a vehicle from your favorite rental company. With Costco car rental insurance you will be able to take advantage of all the features that the card has to offer your business. The biggest feature that you will be able to take advantage of with this type of insurance is the no claim bonus. This feature will allow you to pay no deductibles which will save you money each year because you will not be responsible for paying the deductible when you make a claim.