Depending on the company the coverage can vary often excluding important things like keys windshields tires and underbody damage.

Rental car insurance australia explained. The following guidelines apply to rentals. Car rental in australia includes basic comprehensive and third party insurance. Usually most companies require you to have two policies.

However there is usually a high excess deductible around 3000. Yes you need rental car insurance in Australia to rent a car. Car rental excess insurance is a type of insurance policy that will cover the excess charged by rental companies if the car is damaged or stolen.

For that you can opt for other policies for. All our car rental rates include fire and third party liability insurance. A basic level of coverage automatically comes with renting a car in Australia as all rental companies include Standard Liability or Collision Damage Waiver CDW with their agreements.

Rental car insurance policies in Australia are similar to those in Europe but the terminology is a little different. The only liability that you dont have to worry about is that from injuring another person. It covers people for death and injury caused in a car accident but does not provide any cover for damage to vehicles.

To reduce this or on rare occasions eliminate it car rental companies offer additional cover. This is always covered by the compulsory CTP insurance required on all cars in Australia. These excess amounts can sometimes be as much as 8000.

However this does mean that you as the driver are still responsible for the excess if anything should happen to the car. There are four main types of car insurance available in Australia each providing different levels of cover. While your regular car insurance policy may include collision coverage for rental cars it most likely includes a deductible and may not pay for all the rental car companys charges such as loss of use charges for the money the companys losing while its car is in the shop.