Car Hire Excess Insurance
Car Hire Excess Insurance
Car Hire Excess Insurance. Finding the best car hire deal isn’t just about that you will get the hold of cheapest rental car. However, there are some extras that will be charged by you at the rental desk which can add substantially to the cost of car hire. The most expensive among these extras is car hire excess insurance. It will add a great amount to your cost which will be dependent on the car hire firm and location.
What Is Car Hire Excess Insurance?
There is large number of travelers who rent cars every year but only few of them are aware with it. However, you will know about it once you will arrive at the rental desk. At that time, it will be too late to find another car hire. Therefore, a little extra work before traveling can save you from a surprising amount of money.
While hiring a car, your car rental agreement will usually include cover like a Collision Damage Waiver (CDW) or third party liable insurance. Well, these kinds of policies give a false sense of security. In case if a car is stolen or met an accident, the person renting it will be liable for the first portion of the loss which is known as “excess”. However, the amount of excess insurance varies from company to company. Therefore, we recommend you to get acknowledged about it before renting a car.
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