You've booked your flights and hotel rooms and are ready to go. But have you bought travel insurance? This premium travel credit card not only has great rewards and VIP perks like access to airport lounges, but it also has some of the best travel insurance benefits for credit cards. Even though the travel insurance that comes with your credit card is not meant to replace a full travel insurance policy, it will cover most of your trips. Here's what you need to know about the chase sapphire reserve travel insurance, like what it covers and whether or not it's enough for your next trip.

What Does Travel Insurance of Chase Sapphire Reserve Cover?

The chase travel insurance sapphire reserve covers many things that could go wrong. It has a long list of protections. Do these include common profits like trip late baggage insurance, interruption/cancellation insurance, rental car reimbursement, security such as urgent dental and medical insurance, and travel insurance coverage? What does Chase Sapphire Reserve insurance cover?

Car Rental Insurance

The rental car insurance with the Chase Sapphire Reserve is among the best with a credit card. It is the main car insurance, which means you can use it instead of your insurance in the U.S. or abroad. Most damage to rental cars should be covered by the $75,000 coverage amount. You'll have to decline the collision coverage offered by the Rental Company and put the full cost of the rental car on your Chase Sapphire Reserve®. You can't have the car for more than 31 days, either.

Trip Interruption/Cancellation

The trip cancellation insurance that comes with the travel insurance chase sapphire reserve has equally normal coverage and exclusions values that are much bigger than what most credit cards, even other premium cards in the same class, offer. The tour cancellation rule will compensate you for non-refundable trip costs, like hotels, tours, and flights that you paid for with your Chase Sapphire Reserve, as long as they were canceled for a covered reason. The benefit is limited to $40,000 per year. It only applies if you haven't already been paid back by the travel company or any other travel insurance you have.

Trip Delay Compensation

This perk could be helpful if your flight is late and you must spend the night at the airport or in a foreign city. With the Chase Sapphire Reserve travel insurance, you can get your money back if your trip is delayed. This will cover any reasonable costs you must pay while waiting, as long as your airline or other common carrier isn't already paying for them. $500 per ticket should be more than enough to cover a normal delay.

Lost Luggage Compensation

Suppose an airline or other common carrier loses or damages your luggage while you're on a trip you paid for with your Chase Sapphire Reserve. In that case, you can use the card's travel insurance to get up to $3,000 back for the luggage and covered personal items. This advantage boosts after you have utilized every other coverage, such as the airline's compensation policy and travel insurance. This benefit can be very helpful if the airline you are flying with won't pay out or only pays out a small portion of the value of your lost or damaged luggage.

Delayed Baggage Compensation

The delayed bag benefit is part of the Chase Sapphire Reserve travel insurance, just like the trip delay reimbursement. It applies if your credit card-paid trip is delayed for at least six hours. The cardholder, their spouse or domestic partner, and members of the cardholder's immediate family are all covered by this policy. You can use this benefit to buy any essential emergency items during your delay. Some competing cards only cover up to three days, while this one covers up to five.

Evacuation In An Emergency

Suppose you get seriously hurt or sick while traveling and must get to a hospital. In that case, you might need emergency evacuation services. Evacuating in an emergency is very expensive—it can easily cost $25,000 or more if you're being moved a long way—so it's important to have some coverage. The Chase Sapphire Reserve has few of the top emergency withdrawal coverage of almost any credit card, with up to $100,000 in coverage. You'll be covered only if you paid for the trip with a credit card and took a common carrier, like a cruise ship, airplane, train, or bus.