Car Hire Excess Insurance Europe – Explained

Are you planning to rent a car while travelling in Europe? If so, you should consider getting car hire excess insurance. This type of insurance can save you money and provide peace of mind in case of an accident or theft of your rental car. In this article, we’ll explain what car hire excess insurance is, how it works, and why you need it.

What Is Car Hire Excess Insurance?

Car hire excess insurance provides coverage for the costs associated with damage to or theft of your rental car. It can also provide coverage for any additional expenses you incur if the rental car is damaged or stolen. Most rental car companies charge extra for this coverage, so it’s a good idea to get it in advance if you’re planning to rent a car in Europe.

Car hire excess insurance is available from a variety of sources, including travel insurance companies, rental car companies, and online insurers. It’s important to compare the coverage offered by different companies to make sure you get the best deal.

How Does Car Hire Excess Insurance Work?

When you purchase car hire excess insurance, you pay a one-time fee or a monthly fee that covers the cost of any damage to or theft of your rental car. If the car is damaged or stolen, you will be responsible for the cost of the excess, up to the amount of coverage you purchased. The excess is the amount of money the rental car company charges for any damage to or theft of the vehicle.

In most cases, you will be required to pay the excess amount to the rental car company before you can drive away with the car. Your car hire excess insurance policy will cover the cost of the excess, up to the amount of coverage you purchased. This means that you won’t be financially responsible for any excess costs if something happens to your rental car.

Why Do I Need Car Hire Excess Insurance?

Car hire excess insurance is an important protection to have while travelling in Europe. It can save you money if something happens to your rental car and can provide peace of mind knowing that you won’t be held financially responsible for any excess costs. Without this type of insurance, you could be stuck with a large bill if something happens to the rental car.

How Much Does Car Hire Excess Insurance Cost?

The cost of car hire excess insurance varies, depending on the type of coverage you purchase and the amount of coverage you need. Generally speaking, the more coverage you get, the more expensive the policy will be. Most policies cost between $5 and $20 per day, depending on the type of coverage and the amount of coverage you purchase.

Conclusion

Car hire excess insurance is an important protection to have while travelling in Europe. It can save you money if something happens to your rental car and can provide peace of mind knowing that you won’t be held financially responsible for any excess costs. Be sure to compare the coverage and costs offered by different providers to make sure you get the best deal.