A certain level of insurance is mandatory for all drivers as required by law. All RBC car insurance policies cover the basics. Let's take a look at what they are: You may wish to consider a higher level of insurance, however, especially if you are reliant on your vehicle for work or family life and would need a quick replacement. Let's take a look at RBC's Optional Car Insurance for Canadians: Good to know Now, know that if you pay a rental car with a valid Visa card or Mastercard, you will be covered for damages to the rental car periods of up to 31 days. At the condition that you have declined the Collision Damage Waiver offered by the car rental company. This RBC car rental insurance is effective when the full cost of your rental has been paid with your WestJet RBC Mastercard card or WestJet dollars or your Signature RBC Rewards Visa card or RBC Rewards points.