Our car hire excess insurance acts in place of CDW at a much lower price and covering damage to any part of the vehicle.
Insurance for rental car excess uk. Cover can be purchased for a single trip or on an annual basis for those who take out a. You will receive cover in the event of an accident or your hire car being stolen. If your hired vehicle is damaged or stolen you might have to pay the excess which can be more than 1000.
What is Car Hire Excess Insurance. If your holiday rental car is damaged or stolen you are usually liable to pay an Excess or Collision Damage charge. Always read the terms and conditions before you book to see what car hire excess is on your booking as the amounts vary between companies.
This is where car hire excess insurance comes in as it will dramatically reduce or even totally eliminate the amount of excess you have to pay. An excess is the first part of a claim which the policyholder pays. Car hire excess insurance is a policy which covers the cost of the excess should your hire car get damaged or stolen.
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. Low Cost Car Hire Excess Insurance Most car hire agreements make you liable for the first portion of the repair or replacement costs otherwise known as the collision damage waiver. The policy is designed to cover excesses of up to 10000.
For example your car hire supplier may have an excess on the policy of 500. In the event of an accident hire car excess insurance covers the first part of any claim otherwise known as the excess. Car hire companies will offer you the option to cover this excess at excessive and overpriced rates but you can avoid these rip-off charges by availing of cheaper costs online before you travel with CarHireExcesscouk.
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. When you hire a car the excess is usually a lot more than the excess on your standard car insurance policy. This can cost you anything up to 2000 even if its just a small scratch on your rental car.