Benefits of Having Car Hire Excess Insurance
Taking car hire excess insurance while renting a vehicle can save you a great deal of money. If you are driving a hired vehicle and it gets damaged due to an accident then you are liable for the excess on the insurance which can prove expensive. The excess insurance covers you in the event of an accident or damage to the vehicle so that you don’t have to pay the hefty excess to the rental company from your own pocket.
You must be aware of the coverage range of the policy when you pay for the car hire excess insurance. Different insurance companies set their car hire coverage according to price of the coverage. Therefore, for higher premiums you may avail of additional covers such as cover for tyres, windscreen, keys, additional drivers etc.
Buying an excess insurance gives you some important benefits i.e. you will not be out of pocket in the event of an accident or other damage. You will also be covered for the event such as fire or theft of the car. Taking the excess insurance gives you complete peace of mind.
Before buying the excess insurance it is very important to check the length of the cover if you are planning a longer trip. Different policies will have different trip restrictions so always ensure the policy covers the entire rental.
If you are renting the vehicle close to your home address then it is necessary to check whether the company has a restriction on rentals within a specified distance from the home address as this is often the case.
It is best to consider excess insurance because if something happens it could cost you a lot more than the premium. Many customers ignore the excess insurance policy until they get to the rental desk by which time they have to purchase it directly from the rental company and the premium can often be as high as the original vehicle rental price. It is cheaper to buy a car hire excess insurance with comprehensive cover from an independent insurer. Car hire excess is definitely worth buying, but it is advised to search different policies and companies online to get the best deal before you purchase a policy.
I am James Frenkline , doing research and writing articles on car hire excess.
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