What is car insurance excess.

How does rental car excess insurance work. There can also be differences in exactly what damage is covered. To give you an idea the amount of the excess -which has to be detailed in the terms and conditions- can vary from a few hundred to a few thousand dollars. For most renters who are already covered by personal health policies or travel policies this policy may not be.

All car insurance providers insist you pay towards any claim you make within your policy year. Nothing gives you as much freedom as your own set of wheels and hiring a car can be a lot cheaper than you might think. The amount of the excess varies from one rental provider to the other however it is usually between 500 and 2000 per vehicle it can be even more on high-value vehicles.

This will cover you for the excess you may be liable for in the event your hire car is stolen or damaged. Whether youre looking for Third Party Fire and Theft or Comprehensive motor insurance you will still need to pay a certain amount of excess if you were to make a claim. The insurance excess is the maximum amount of money you will have to pay in case the rental car is damaged for any reason.

Excess insurance lets you claim back the excess that would otherwise be payable if your hire car was stolen or damaged following an accident. AIGs Car Hire Insurance Car Hire Excess provides a reimbursement of the excess applied to your car rental agreement that is both value for money and offers you the best possible coverage. Discover how this excess works and which parts of the car it applies to.

The policy is designed to cover excesses of up to 10000. If your hire car is stolen or damaged youll be obligated to pay an excessive amount for its repair or replacement. You need to gather documentation and receipts relating to the damage and pass them to your car hire excess insurance company.

In the event of an accident hire car excess insurance covers the first part of any claim otherwise known as the excess. These excess amounts can sometimes be as much as 8000. Independent policies work on a reimbursement basis.