When you rent a vehicle either in the UK or abroad, your rental agreement will usually include insurance such as Collision Damage Waiver, also referred to as CDW. However many people don’t consider the optional car hire excess insurance. If any damage occurs, the person hiring the vehicle will be liable for the excess on this insurance. Vehicle Hire Excess Insurance protects you against this excess.
How much is an excess?
Whilst excess’s vary between rental agreements. It’s not uncommon for them to be in the thousands. It’s also important to remember that as you are not the policy holder of the collision damage insurance on the car – it is not your choice on whether or not to claim. So whether the damage is your fault or not, you will be liable for the excess.
Why buy Car Hire Excess Insurance with excessbuddy.com?
Buying your car hire excess insurance in advance can save you money. Many car rental companies will offer this insurance but at a premium rate. We offer a simple way to compare products and find the best value policy that meets your needs.