When you hire a car, most rental vehicle agreements include an excess you’re responsible for. Your policy is designed to cover the excess, deductible or damage liability fee charged by any licensed motor vehicle rental company, up to the benefit limit stated in the benefits table in the pds,. Compare our policies to see which cover is right.
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Reduces your financial liability if the hire car is damaged or stolen. What exactly is a rental car damage waiver? Therefore, having a rental vehicle excess cover specifically designed for car rentals can fill this gap and ensure you're.
Even if you have travel insurance, it may not cover the full cost of rental car excess.
What is rental car excess waiver cover? At its core, rental insurance usually covers three things: Put simply, car rental insurance is a policy that covers you for damage sustained to. Collision damage waiver (cdw) or loss damage waiver (ldw):
Below, we compare the daily cost of the car hire excess waiver offered by seven car hire companies (sixt, thrifty, hertz, avis, budget and europcar) against standalone insurance products. Our standalone car rental excess insurance policy is specifically designed to protect you against the excessive waiver fees that car hire companies try to charge you. It’s a type of insurance coverage that covers the insurance excess that you might have to pay if your car is damaged or stolen, as typically your rental car hire insurance will require you to pay the excess on. You pay this excess if there is an accident, theft, or other incidents.
Car rental insurance is also known as car hire excess insurance or a collision damage waiver (cdw).
