Does Visa cover stolen items?

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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chuckit
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Does Visa cover stolen items?

Postby chuckit » Thu Feb 10, 2011 12:54 am

I have a Sapphire which is a Signature and I have never used the benefits but I remember reading somewhere that some Visa cards cover stolen items. What type of Visa cards does that go for, the Signature? My radar detector was stolen out of my car and I believe to have bought it on my Visa, will that be covered?


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Mogul of Pineapples
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Postby Mogul of Pineapples » Tue Feb 15, 2011 10:49 pm

I believe the VIsa Signature does cover stolen items for up to 3 months after purchase. I have never used it though and do not know the restrictions and rules surrounding it.

For that being stolen from the car that might not qualify. It should fall under auto insurance and credit card insurance is always secondary to other forms of coverage.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed and linked to. Regardless, anything I say is my honest opinion.

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