The dealerships flip this and resell it to us for 60000 to 150000.

Is car insurance excess protection worth it. Cn you cover that with another policy. The amount covered is usually a pre-agreed limit and applies to both voluntary and compulsory excess. That way you wont be out of pocket if you have to make a claim.

It sometimes costs even more than the base car rental rate. But if you have excess insurance it would cover this cost for you. Car hire excess insurance is an important extra to have with any car rental but you can save substantial sums by buying it at home before you set off.

The other alternative is to not take out cover and if you get a chip or crack add in cover at the next renewal then have it fixed and drop cover at the renewal thereafter. It can give you real peace of mind when you hire a car on holiday or on business. One of the most profitable extras is the excess wear and tear protection package Almost all plans are sold by 3rd parties to the dealership for 300 to 500.

This means you would have to pay for any damage up to the value of 1000. The RACs insurance is also far cheaper than buying car hire excess insurance at the car rental counter. Through optional extras cover you can tailor your policy in two ways.

When you hire a car it is insured by the car hire company and youll pay an agreed excess fee if any damage occurs. The Wear Tear protection is a must of you are leasing a vehicle. Just curious if the 5000 wear and tear insurance is worth the asking price of 495 on a 2 year encore.

If the total cost of scratch and dent insurance is. Your car insurance excess is a fixed amount of money that you have to pay when you claim. We spoke to the experts at iCarhireinsurance to find out what this essential cover protects you from whether you actually need it and how to get the best deal when taking out a policy.