The excess is the amount payable if your rental vehicle is damaged or stolen.
Rental car excess insurance australia racv. Over the last 4 years there has been the sprouting of a new category in Australia in the car insurance car rental industry that of car rental excess insurance. The category has seen amazing growth over the last 4 years with estimates that some 12M in sales in the last financial year from these companies. Done Up to 65 cheaper than rental desk cover.
Heres a summary of whats included. It is cover for the excess component up to the applicable benefit limit stated on your policy. As detailed above car hire companies in Australia usually have a standard liabilityexcess which includes a basic cover as part of the rental fee also known as collision or loss damage waiver damage recovery fee damage liability fee and accident damages excess.
Initiated by Des and Steve Sherlock of Tripcover at the start of 2012 it now includes some 5 players in the Australian market. Over the last 4 years there has been the sprouting of a new category in Australia in the car insurance car rental industry that of car rental excess insurance. Or you can purchase an RACV Rental Car Excess Plan and nominate an excess amount as your chosen level of cover between 1 000-8000 rising in 1000 increments.
Insurance administered by Cover-More Insurance Services Pty Ltd ABN 95 003 114 145 AFSL 241713 and issued by Zurich Australian Insurance Limited ABN 13 000 296 640 AFSL 232507. RACV members save 15 on car hire a car with Thrifty available in over 200 locations across Australia and New Zealand. Racv holiday car rental insurance.
Consider purchasing an RACV Rental Car Excess plan to cover the excess charged by your rental car company if youre hiring a rental car in Australia and happen. Done Available to Australian. Rental Car Excess is included in RACV Total Travel Care RACV Extra Care RACV Annual Multi-Trip and RACV Domestic policies.
Over the last 4 years there has been the sprouting of a new category in Australia in the car insurance car rental industry that of car rental excess insurance. RACV Domestic Travel Insurance covers you when travelling around Australia with cover for lost or stolen luggage cancellation or disruption of your travel and rental car excess cover from the moment you leave your home. The car rental companies waiver can cost as much if not more than the rental per day with the car rental excess insurance supplied by Tripcover coming in as low as 560 per day.