The car rental firm simply waives its right to ask you to pay.
Does my travel insurance cover car hire excess. One advantage of travel insurance is. The short answer is that most do or can do. Damage cover is usually known as Collision Damage Waiver CDW.
Car hire excess insurance is not compulsory and you should not be pressured into buying from the car hire company while you are at the counter. Does travel insurance cover car hire excess. Car hire excess cover is a policy which shares similarities with travel insurance in that you either buy it as a single or annual policy you may wish to consider an annual policy if you hire cars regularly or are hiring for more than 14 consecutive days.
Car hire insurance excess. Many policies will allow you to upgrade your cover and add-on cover for car hire excess. Depending on the policy it may only cover the card holder and there may be conditions for accessing the cover such as paying for the car rental on the card.
It means you have to pay only the excess if there is any damage to certain parts of the hire car. But it doesnt need to be expensive if you shop around. This is often between 500 and 2000 sometimes even higher depending on the vehicle type and who youre hiring the car from.
The deluxe policy from Insuremore offers comprehensive travel insurance which includes a great additional feature - cover for the cost of your policy excess charged by the car hire insurance taken out with your rental vehicle. Credit card travel insurance Credit card travel insurance doesnt usually cover domestic car hire but if youre travelling internationally many do cover the rental car excess component. Car rental excess is the amount you are charged by a rental company if your rental car is damaged stolen or involved in a collision.
Both domestic and international travel insurance often include cover for hire car excess or you can add it on for an additional premium. It can also cover costs of damage to the windows tyres roof and undercarriage of your hire car and towing costs related to damage and theft. This policy can be very affordable for most travellers.