Car Rental Guide Excess Insurance

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Car hire companies around the world will often apply an excess to the rental car insurance. Car rental excess simply is the amount you will have to pay in the event of a claim. This amount is sometimes called the first part of a claim and the amount depends on the country and car rental company you have chosen. It can be applied to any component of a claim including theft waiver, vehicle damage or personal liability. Car rental excess amounts can vary between different car hire providers.

So as an example: A car rental company’s excess policy may ask that you pay the first €500 of any insurance claim and they will pay the reminder. If an excess amount is indicated in the terms of service, that amount will be reserved on your credit card and released when you return the rental car without incident.

If you are not comfortable with the risk of the excess, there is the option of purchasing excess insurance. This insurance will cover the cost of the excess in the event of an accident. Car Booker considers the best and most cost effective way to purchase this insurance is to select car rental excess insurance cover when booking your hire car. Your rental car will still have an excess amount reserved on your credit card but in the event of a claim you will have your excess fee refunded to you by the insurance company.

There is also the option to get car rental excess insurance cover when you get to the car rental desk. In many cases this can be considered by some as a more expensive option and if you have already taken out car hire excess insurance cover when booking, we recommend that you politely decline the rental provider insurance to avoid double coverage.

If you have any questions, it is likely we have already an answer for you in our FAQ or simply send us a mail.

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