Thursday 9 August 2012

Car Hire Excess Insurance


Car Hire Excess Insurance

Car Hire Assistant launches a Car Hire Excess Insurance package in association with specialist insurer; Odyssey Group. 

Don't get caught out! Getting a good deal on car hire is only part of the process, it is also important to ensure that there are no nasty surprises in the event of some mishap with the rental car.

The fact is, that although rental companies use terms such as: Loss Damage Waiver cover (LDW) or Collision Damage Waiver (CDW), to the unsuspecting, this can give a false impression that everything is covered. The reality is very different, these "waivers" do not cover any car hire insurance excess which can be as high as £1500. For example, with most rental companies, damage to tyres, windscreens, the vehicle undercarriage or the roof will result in an insurance excess, even if you have LDW or CDW. 

In addition, if the vehicle is vandalised, you lose the car keys and even if the car is stolen, you will be subject to an excess. The fact is, a hit on your credit card for £500, £1000 or more is likly to place a dampener on the holiday or business trip.

Car Hire Excess Insurance is not mandatory. Nonetheless, car rental operators will almost certainly attempt to sell you the policy when you collect the car. However, the price quoted is likely to reflect the fact that you can't really shop around from the rental counter, so expect to pay as much as $20 per day for this insurance. 

However what few people realise is that it is possible to purchase Car Hire Excess insurance independently of the company you book your car through and/or the local rental operator. In doing so, you can save a small fortune! 

Car Hire Assistant working in association with specialist Car Hire Excess Insurance provider, Odyssey Group; has come up with an extremely competitive package for Car Hire Excess Insurance, offering cover of up to £2000 per one claim. This insurance can be taken out for the duration of your car hire, or, if you prefer, you can take out an annual policy for less than £40.00

To celebrate the launch of this new 'Travel Essential', Car Hire Assistant has negotiated an additional 5% discount.