No, Visa Premier, Gold Mastercard and American Express don't cover refunds of the insurance excess for peer-to-peer rentals. This type of cover only applies to rentals with traditional hire companies.
We recommend adding one of the excess reduction options to reduce your insurance excess from £800 to £0 in the event of an incident.
For example, for a vehicle in the economy category, you can reduce the excess from £800 to £250 for just £8/day during the rental.
This article contains information specific to a particular country of registration. Refer to the international version of this article for other cases.