Car rental contracts usually offer some level of cover for example Collision Damage Waiver CDW sometimes referred to as Loss Damage Waiver - LDW or third-party liability insurance however car hire excess insurance can offer further piece of mind.
Insurance for car rental excess. Car hire excess cover is a policy which shares similarities withtravel 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. In order to learn about why pay excess on insurance PLEASE click. Our policies will automatically cover you up to 5000 for the rental car excess that could be incurred in the event of an accident whether its your fault or not.
For example if you hire a car whose value is 20000 with an excess of 1000 you will have to pay 1000 maximum to the rental company if your car is damaged. Car hire excess insurance can offer cover to areas such as damage to tyres chipped or shattered auto glass and undercarriage damage. Protection If your holiday rental car is damaged or stolen you are usually liable to pay an Excess or Collision Damage chargeEven if the damage was not your fault you will be charged.
Car hire excess insurance is an optional insurance coverage which can protect you from the excess costs that you are required to pay in the event that your hire car is damaged or stolen. What Is Car Hire Excess Insurance. Car Hire Excess cover comes with a.
Thats helpful because it reduces your out-of-pocket expenses. These policies might cost 10 per day or even less if you are a frequent traveler and buy an annual policy. A policy with Cover4Rentals will reimburse that amount to you up to the cost of 5000 with our standard policy or even 50000 with our deluxe package.
Car hire excess insurance is an optional insurance product that covers you against any excess charges you may incur when you hire a car. Our car hire excess insurance acts in place of CDW at a much lower price and covering damage to any part of the vehicle. The policy is designed to cover excesses of up to 10000.
Purchase it in advance from a third-party provider like insurance4carhire. There is a number of sites that offer 3 rd party car hire excess waiver policies. Terms conditions limits and exclusions apply.