Sunday 1 May 2011

Car hire excess insurance


Q: What is Car Hire Excess Insurance?

A: Your car rental agreement normally includes cover for Collision Damage Waiver (CDW)    and Theft. However you are still liable for the Excess on CDW and Theft. When a rental    car is damaged or stolen, the driver is asked to pay the first portion of the repair    or replacement costs. This is known as the Car Hire Excess.

Q: How our Excess Insurance Works?

A: With car hire excess insurance, we insure the Policy Holder, not the rental vehicle.    Car hire excess is a voluntary insurance. Decline the car rental company’s Excess    cover at the counter when you collect the car.
   If the car is damaged or stolen, the car rental company will charge your credit card    for the Excess amount and you then claim for reimbursement on your car hire excess    insurance policy.

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