Car Rental Excess Protection Insurance
What is Car Rental Excess Protection Insurance?
When you rent a car, it can often come with a hefty insurance policy. But even if you purchase the insurance, you could still be stuck with a large bill if the car is damaged or stolen. That’s why it’s important to consider car rental excess protection insurance. This type of insurance covers the excess amount that you would be liable for if your rental car is damaged or stolen. It also covers any damage to the car’s interior or any personal belongings that may have been left in the car.
Why Do I Need Car Rental Excess Insurance?
Car rental excess insurance is highly recommended for anyone who is renting a car. Even if your regular car insurance policy covers rental cars, it may not cover the excess that you would be liable for if the car is damaged or stolen. Car rental excess insurance covers the excess amount that you would be liable for, so you won’t be out of pocket if something happens to the car.
What Does Car Rental Excess Insurance Cover?
Car rental excess insurance typically covers the excess amount that you would be liable for if the car is damaged or stolen. It also covers any damage to the car’s interior or any personal belongings that may have been left in the car. Depending on the policy, it may also cover additional costs such as towing, storage costs, and legal costs if you are involved in an accident.
Do I Need to Purchase Car Rental Excess Insurance?
Whether or not you need to purchase car rental excess insurance is up to you. However, it is recommended for anyone who is renting a car, as it could save you from a large bill if the car is damaged or stolen. It is also important to note that the excess amount varies from one car rental company to another, so it is important to check the excess amount before you rent the car.
How Much Does Car Rental Excess Insurance Cost?
The cost of car rental excess insurance varies depending on the car rental company and the type of insurance you purchase. Generally, the cost is around 5% to 10% of the cost of the rental. It is important to shop around and compare policies before you purchase, as different companies may offer different levels of coverage.
Where Can I Purchase Car Rental Excess Insurance?
Car rental excess insurance can be purchased from a number of different sources. Many car rental companies offer their own policies, and you can also purchase policies from insurance companies and online brokers. It is important to compare policies and make sure you are getting the best coverage for the best price.
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