Car Hire Insurance Excess Protection: What You Need To Know

If you’re planning to hire a car for an upcoming trip, you may want to consider taking out car hire insurance excess protection. This type of insurance policy can be incredibly useful, as it can help you avoid expensive out-of-pocket expenses if you’re involved in an accident or another type of incident while driving a hire car. Here’s what you need to know about car hire insurance excess protection.

What Is Car Hire Insurance Excess Protection?

Car hire insurance excess protection is a type of insurance policy that is designed to cover the excess amount that you would be liable to pay in the event of an accident or another type of incident while driving a hire car. Generally, when you hire a car, you are liable for the first part of any damage caused, which is known as the ‘excess’. This is usually a set amount, usually around £500 or more, which you are expected to pay towards any repairs or replacement of the hire car.

Car hire insurance excess protection helps to protect you against this. If you're involved in an accident or another incident while driving a hire car and you take out car hire insurance excess protection, you won’t be liable for the excess amount. Instead, your insurer will pay this for you.

What Does Car Hire Insurance Excess Protection Cover?

Car hire insurance excess protection usually covers you for a range of different scenarios. Generally, it will cover you for the excess amount that you would be liable to pay in the event of an accident or another type of incident while driving a hire car. It may also cover you for any additional costs that you incur as a result of being involved in an accident or incident, such as the cost of a replacement hire car or the cost of towing the hire car to a repair garage. It may also cover you for any damage that occurs to the hire car while you are using it, such as theft or vandalism.

How Much Does Car Hire Insurance Excess Protection Cost?

The cost of car hire insurance excess protection varies depending on the insurer, the type of car you are hiring and the length of time you are hiring the car for. Generally, you can expect to pay around £5-10 per day for car hire insurance excess protection. However, it’s important to shop around and compare quotes from different insurers to make sure you’re getting the best deal.

Do I Need Car Hire Insurance Excess Protection?

Whether or not you need car hire insurance excess protection is entirely up to you. If you’re hiring a car for a short period of time, it may not be worth taking out car hire insurance excess protection. However, if you’re hiring a car for a longer period of time, or if you’re travelling to a destination where the roads are particularly hazardous, it may be worth taking out car hire insurance excess protection to protect yourself against any potential costs.

Where Can I Buy Car Hire Insurance Excess Protection?

You can buy car hire insurance excess protection from most major insurance providers. It’s important to compare quotes from different providers to make sure you’re getting the best deal. You can also buy car hire insurance excess protection from some car hire companies, although it’s usually cheaper to buy it from an independent insurer.

Conclusion

Car hire insurance excess protection can be a great way to protect yourself from any expensive out-of-pocket expenses if you’re involved in an accident or another type of incident while driving a hire car. It’s relatively inexpensive and easy to buy, so it’s well worth considering if you’re hiring a car for an upcoming trip.