Car Rental Excess Covered By Travel Insurance

What is Car Rental Excess?

Car rental excess is the amount you are liable to pay in the event of an accident, theft or damage to the rental car. This amount can vary depending on the rental company, type of car and the country you are in. Generally, the excess amount is a large sum and can be quite expensive.

Typically, the car rental company will charge you the excess amount upfront, and if you don’t have sufficient funds to cover the cost, you may be unable to rent a car. This is why it is important to be aware of the excess amount before you hire a car.

Is Car Rental Excess Covered By Travel Insurance?

Yes, car rental excess is usually covered by travel insurance. However, the exact coverage depends on the type of travel insurance you have, the country you are in and the car rental company. Therefore, it is important to read the policy wording carefully to make sure you are covered in the event of an accident or theft.

Generally, there are two types of car rental excess insurance. The first is known as a collision damage waiver (CDW) and the second is known as a theft protection waiver (TPW). CDW covers any damage to the car caused by an accident, while TPW covers any damage caused by theft.

How to Get Car Rental Excess Covered By Travel Insurance?

If you want to get car rental excess covered by travel insurance, you will need to purchase a policy before your trip. Most travel insurance companies offer car rental excess cover as an optional extra, so make sure to check the policy wording to see if it is included in your package.

If you are travelling to a country where car rental excess is high, it is advisable to purchase car rental excess insurance. This will help to reduce your financial liability in the event of an accident or theft, and will give you peace of mind knowing you are covered.

Things to Consider Before Purchasing Car Rental Excess Insurance

Before you purchase car rental excess insurance, it is important to consider a few things. Firstly, make sure that the insurance policy covers the country you are travelling to. Secondly, make sure that the excess amount is covered by the policy. Thirdly, make sure you understand any exclusions and restrictions that apply.

It is also important to remember that car rental excess insurance does not cover any personal injury or death that may occur as a result of an accident. Therefore, it is important to make sure that you have adequate medical insurance in case of an accident.

Conclusion

In conclusion, car rental excess is an important consideration when travelling. It is important to be aware of the excess amount before hiring a car, and it is advisable to purchase car rental excess insurance to reduce your financial liability in the event of an accident or theft. However, make sure to read the policy wording carefully to make sure you are covered.