Chase Sapphire Reserve Cards: Maximizing Your Car Rental Insurance and Benefits

The Chase Sapphire Reserve^® and Sapphire Reserve for Business℠ are popular premium travel credit cards, and either is a valuable tool for frequent travelers who want peace of mind while renting a vehicle. Known for their standout benefits and particularly their travel protections, the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card offer primary rental car insurance. This benefit alone can save you hundreds of dollars in extra rental fees while protecting you from unexpected costs in the event of damage or theft.

The Chase Sapphire Reserve card and Chase Sapphire Reserve Business card do not just provide protection; they give cardholders benefits, including upgrades and car rental discounts with National and Avis.

This post will show you everything you need to know about the car rental insurance and benefits that come with the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card. We’ll review primary versus secondary coverage, what the insurance includes, who is covered, and how to submit a claim.

Card Benefits Summary

Before we get to the nitty-gritty of the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card car rental insurance benefits, let’s take a quick look at the main benefits each card offers.

As premium credit cards, each comes with premium perks — and a premium price tag. The Chase Sapphire Reserve card has an annual fee of $795, and the Chase Sapphire Reserve Business card’s annual fee is also $795. While this is a lot of money, the benefits either provide can more than offset the price tag. That’s one of the many reasons they remain very popular cards among travel enthusiasts.

NEW OFFER

Terms Apply / Rates & Fees

Chase Sapphire Reserve^®

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

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Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

125,000 points

UP's Offer Valuation*:

$2,500

Annual Fee

$795

APR

19.49% - 27.99% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

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Card Highlights

• Earn 125,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
• Get more than $2,700 in annual value with Sapphire Reserve.
• Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
• $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge^® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck^® every 4 years
• Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
• Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music — all the music you love, across all your devices. Subscriptions run through 6/22/27 — a value of $250 annually
• Member FDIC

Financial Snapshot

• APR: 19.49% - 27.99% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

Terms Apply / Rates & Fees

Sapphire Reserve for Business℠

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

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Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 150,000 bonus points after you spend $20,000 on purchases in your first 3 months from account opening and access more than $6,000 in total business and travel value in your first year.

150,000 points

UP's Offer Valuation*:

$3,000

Annual Fee

$795

APR

Flex for Business Variable APR: 17.74% - 25.74%

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

Read Full Review

Card Highlights

• Earn 150,000 bonus points after you spend $20,000 on purchases in your first 3 months from account opening.
• $6,000+ in value your first year. 150K points, valued at $3,000 for select flights and hotels through Chase Travel℠, plus $3,000+ in annual value through travel and business benefits.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: Flex for Business Variable APR: 17.74% - 25.74%
• Foreign Transaction Fees: None

Benefits Shared by Both Cards:

• $300 annual travel credit
• Up to $500 in annual hotel credits for eligible prepaid stays at The Edit properties (2-night minimum)
• Up to $250 in statement credits for select prepaid hotel stays booked via Chase Travel (through December 31, 2026)
• Up to $120 Global Entry, NEXUS, or TSA PreCheck fee credit (every 4 years)
• 1:1 point transfers to lots of Chase travel partners
• Travel insurance, including trip cancellation and interruption insurance, baggage delay and lost luggage insurance, travel accident insurance, and emergency medical coverage
• Airport lounge access through Priority Pass

Benefits unique to the Chase Sapphire Reserve card include:

• Up to $300 in dining credits each year

Benefits unique to the Chase Sapphire Reserve Business card include:

• Up to $400 each year in ZipRecruiter credits
• Up to $200 annual Google Workspace credit
• Up to $100 annually in Giftcards.com credits

Hot Tip:

For more information and a full explanation of all of the benefits offered by each card, see our article on the valuable benefits of the Chase Sapphire Reserve card or guide to the benefits for the Chase Sapphire Reserve Business card.

If the price tag is still too steep for you despite all of the great benefits these cards provide, consider the Chase Sapphire Preferred^® Card. This card also earns Chase Ultimate Rewards points and has similar benefits, but the annual fee is only $95.

Car Rental Insurance

The Chase Sapphire Reserve card and Chase Sapphire Reserve Business card come with an auto rental collision damage waiver, often referred to as CDW. That’s basically just a fancy term for car rental insurance. It covers damage or theft of most rental vehicles worldwide.

Auto Rental Collision Damage Waiver

The auto rental collision damage waiver provided by the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card applies to more than just the primary cardholder. You’re also covered if you’re an authorized user and listed as the primary renter.

To be eligible for the insurance that comes with the Chase Sapphire Reserve card or Chase Sapphire Reserve Business card, you must do 2 things:

• Decline the collision insurance offered by the car rental company.
• Charge the entire rental cost to your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card.

Primary vs. Secondary Coverage

The coverage offered by the Chase Sapphire Reserve card is primary coverage. The Chase Sapphire Reserve Business card provides primary coverage if the rental is for business purposes. If it is a personal rental, coverage is secondary with the Chase Sapphire Reserve Business card.

When coverage is primary, it means that you do not have to file a claim with any other insurance company you may have before you can take advantage of this Chase Sapphire Reserve card and Chase Sapphire Reserve Business card benefit.

Other Chase credit cards offering primary car rental coverage are:

• Chase Sapphire Preferred Card
• Ink Business Cash^® Credit Card
• Ink Business Preferred^® Credit Card
• Ink Business Unlimited^® Credit Card

Who and What Is Covered

So, what and who is actually covered when you take advantage of the insurance offered by the Chase Sapphire Reserve card or Chase Sapphire Reserve Business card?

The CDW applies to:

• The cardholder (this can be the primary cardholder or an authorized user, but they must be listed as the primary renter on the car rental contract)
• Any additional drivers listed on the rental agreement

The CDW will cover up to $75,000 in physical damages and/or theft of the vehicle for rentals that are 31 consecutive days or less. Other covered expenses include reasonable towing charges and loss of use charges incurred by the rental company.

What’s Not Covered

As with most insurance policies, there’s a long list of things that aren’t covered. Here are just some of the things that are NOT covered by the insurance offered by the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card:

Bottom Line:

The auto rental collision damage waiver provided by the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card will cover up to $75,000 in damages for the primary cardholder, plus any authorized drivers (on most rentals).

How To File a Claim

If you experience an accident or theft of your rental car, you must notify the benefits administrator within 100 days of the incident.

You must submit a completed claim form within 120 days of the damage or theft. Any and all supporting documentation must be submitted within 1 year of the damage or theft.

Here’s how:

• File a claim over the phone: 888-675-1461.
• File a claim online: eclaimsline.com.

You may be asked to supply supporting documentation with your claim. This could include any or all of the following documents:

• Car rental agreement showing that you declined the CDW offered by the rental company
• Credit card statement showing you paid for the entire rental with your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card
• A police report
• Repair estimates
• Photos of the damage
• Any other documents deemed necessary by the benefits administrator

Important Dates To Remember

The timing of your claim is essential. For your claim to be approved, it must comply with the following timeline:

• You must contact the benefits administrator within 100 days of the incident.
• You must file a claim within 120 days of the incident.
• You must submit all supporting documentation within 365 days of the incident.

Bottom Line:

To file a claim with your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card, call 888-675-1461 or go online to eclaimsline.com.

Special Car Rental Privileges and Discount Codes

Along with collision and theft protection, your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card offers you special privileges and discount codes with different car rental agencies.

National Car Rental

The cards come with a complimentary Emerald Club Executive Level membership with National Car Rental.

You can also save up to 25% on qualifying rentals in the U.S., Canada, Latin America, and the Caribbean using code 5030849. To be eligible for this discount, you must book directly through National on its website or call 800-227-7368.

Avis

Once you’re enrolled in Avis Preferred, you can save up to 30% on qualifying rentals with Avis. To receive this discount, you must book directly through Avis — the discount doesn’t apply when booking a rental car through Chase Travel.

The discount applies to the base rate only and will vary based on location, date, and type of car. You must make your reservation 24 hours in advance to receive these benefits.

Because the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card are Visa Infinite cards, cardholders also get a complimentary Avis Preferred Plus membership. They can earn free weekend rentals and receive up to 10% off base rates on Select Series rentals, too.

Bottom Line:

Avis and National’s discounts and benefits are only available when booking directly through the car rental agency, and a discount code may be required. These discounts can’t be applied when booking a rental car through the Chase Travel portal.

How To Find and Activate These Benefits: A Step-by-Step Guide

These special car rental privileges require you to sign up with each car rental agency individually. Thankfully, links to sign up are easy to find in your online Chase account.

First, sign in to your Chase account. If you have multiple Chase credit cards, be sure to select your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card.

In the top navigation, select “Benefits & travel,” then click on “Benefits.” If you have multiple Chase cards, you need to select a card to see your benefits.

You’ll then land on the Featured Benefits page. If you type “car” in the search bar, you’ll see the special car rental privileges box pop up under the benefits list.

Click on “Learn More,” and you can see the benefit overview for perks with National and Avis. You can click on each rental car company’s button in the benefit overview to reach the company’s page for Chase Sapphire Reserve cardholders.

Hot Tip:

Audi on Demand (formerly known as Silvercar) is no longer in business.

Final Thoughts

Renting a car can be stressful, but having the right credit card in your wallet can help make the process a little easier.

The Chase Sapphire Reserve card and Chase Sapphire Reserve Business card come with many benefits, including primary rental car insurance. This policy is activated if you decline the collision damage waiver offered by the rental company and pay for the entire cost of the rental using your card.