Your car rental agreement usually includes cover for Collision Damage Waiver (CDW) and Theft. However, you are still liable for the excess on both the CDW and Theft.
What this basically means is if the car is damaged or stolen, the driver of the car (you) is asked to pay a portion of the repair or replacement costs. This is what is known as Car Hire Excess.
At STEP3 of our 3-step online booking process you may wish to avoid ALL Excess Charges for just € 5.65 a day!
Most car rental companies charge an Excess. If you have a claim - typically you pay the first € 500 or so. Also, most policies issued by car rental companies don't cover windows, tyres, undercarriage, roof or loss of keys.
Excess Insurance gives you complete peace of mind for just € 5.65 per day. The policy will cover up to € 2390.52 of any excess; it can be used on any vehicle type and if we can't confirm your particular vehicle you can use it with any rental company so you won't lose out.
Please note: Excess Insurance is billed separately on your credit card statement...
The Car Hire Excess is a type of insurance coverage that will help you overcome the excess amount of your insurance policy. In simple words, it means that if any mishap incurs or you lose the vehicle, you will be required to pay a part of insurance money to the car hire company?
ReplyDeleteyes , that is correct . If the loss/damage is more than € 2,900
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