What is vehicle hire excess insurance?
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 hire is damaged or stolen.
Does my car insurance cover rental car excess?
If your travel insurance policy includes rental vehicle excess insurance, then your insurer will cover the excess amount charged by the rental company so that you don’t have to pay for it, as long as your limit is high enough.
Do I need to buy additional insurance when renting a car?
No, you do not need insurance to rent a car because rental companies have their own insurance. Rental car companies usually provide minimum liability coverage only, so if you don’t have personal insurance, you’ll probably want to purchase extra rental car insurance through the rental company.
Is excess protect worth it?
Excess protection is not just a good option for your own car. It can give you real peace of mind when you hire a car on holiday or on business. When you hire a car, it is insured by the car hire company and you’ll pay an agreed excess fee if any damage occurs.
How much is the rental car insurance?
Rental car insurance costs vary depending on the vehicle and location. But, in a word, it’s expensive — overall, prices range from $31 to $60 per day for rental insurance from these providers.
What happens if you damage a hire car?
If the rental company finds new damage to their car after your rental, they will charge you for repairs. They’ll take the money from the credit card you used to leave the security deposit. You’ll probably be charged immediately after you return the car. … Often, it is your word against the rental company’s.
Are hire cars insured?
All car rental companies should provide you with basic insurance – usually called CDW or LDW. This typically covers damage, theft and Third Party Liability Insurance – this may vary from country to county, but generally there is a level of insurance included in the price of your car hire.