Car Hire Excess Insurance for US Residents

What is Car Hire Excess Insurance?

Car Hire Excess Insurance is a type of insurance that covers the excess fee that is charged by a car hire company when you rent a vehicle. It is also referred to as 'car hire damage waiver' or 'excess waiver insurance'. The excess fee is the amount of money that you are liable to pay in the event of an accident or damage to the car. It is the amount that you are liable to pay above the cost of the hire car, which is the cost of the insurance policy.

Why Do I Need Car Hire Excess Insurance?

Car Hire Excess Insurance is important for US residents who are travelling abroad and renting a car. The cost of renting a car in a foreign country can be expensive, and the cost of the excess can be especially high. Without insurance, you could be liable for a huge bill if something happens to the car. By taking out a Car Hire Excess Insurance policy, you can protect yourself from these high costs.

What Does Car Hire Excess Insurance Cover?

Car Hire Excess Insurance covers the excess fee that is charged by the car hire company in the event of an accident or damage to the car. It also covers any additional costs that may be incurred as a result of the accident or damage. This includes the cost of towing the car, damage to other vehicles, and medical expenses.

How Much Does Car Hire Excess Insurance Cost?

The cost of Car Hire Excess Insurance will vary depending on the type of policy you choose and the country you are travelling to. Generally, the cost of the policy will be a percentage of the cost of the hire car. It is important to shop around and compare policies to get the best deal.

What Are the Benefits of Car Hire Excess Insurance?

Car Hire Excess Insurance provides peace of mind knowing that you are protected in the event of an accident or damage to the car. It also means that you are not liable for the entire cost of the hire car, which can be expensive. Finally, it can save you money in the long run as the cost of the policy is usually less than the cost of the excess.

How Do I Get Car Hire Excess Insurance?

Car Hire Excess Insurance can be purchased from a number of different providers. It is important to compare policies and make sure you are getting the best deal. You should also make sure you are purchasing the right type of policy for the country you are travelling to. Most providers offer online purchase and payment options, making it easy to purchase the policy.