During the first 90 days from the date of purchase, Visa will replace, repair or reimburse you if the property you purchase with a registered card is stolen or is damaged by fire, vandalism or some weather conditions.
Deposit insurance was designed not just to reimburse bank customers in the event of a bank failure, but also to reassure bank customers that it was safe to leave their money in a bank, forestalling further bank runs.
They are intended to provide travel funds for students who are conducting independent research projects and paying their own way or for students who have won other awards that do not reimburse travel costs.
Most companies reimburse according to the IRS standard mileage rates and are normally reimbursed on a business expense form through a calculation of IRS mileage rate multipled by actual mileage.
This additional coverage also will reimburse you for lost passes or for travel expenses if you have to travel to a different location because of either too little or too much snow.