Direct Travel Insurance has launched a brand new policy: Direct Car Excess, which implies travellers hiring a car within the UK or abroad can economize by doing away with this policy beforehand, as opposed to by buying their car rental company’s more costly policy after they can be stressed on the rental desk and in a rush to start out driving.
When you hire a car, you’re required to insure it as though it was your personal. Your car rental agreement normally covers CDW (collision damage waiver), theft and third party liability. If any damage occurs throughout the rental period, the hirer should pay a section of the fees – the surplus. This ‘excess’ insurance is usually expensive: hirers could have to pay an far more than up to £2,000 towards the damages.
According to a 2010 report, the common price charged by car hire rental desks for high up insurance to house this excess was £9.99* an afternoon, while Direct Car Excess insures against the surplus for premiums as little as £1.99 an afternoon in Europe, £5.99 an afternoon within the Americas and the Caribbean (excluding Cuba) and £2.99 an afternoon within the remainder of the area excluding the Americas and the Caribbean.
Commenting at the new Direct Car Excess Policy, Hallie Harenski of Direct Travel Insurance says, ‘In many situations, customers can feel stressed to take out excess insurance after they pick up a hire car, once they will often not have the time to check the standard or cost of the duvet. Therefore they are able to find themselves paying expensive premiums for protection which can not meet their needs.
Key Benefits of Direct Car Excess
The new policies cover the surplus a hirer must pay, in addition to providing cover for damage to tyres, windscreens and the undercarriage.
* Available for car hire within the UK or abroad
* As much as £4,000 cover for excess on theft and damage claims
* The policies also provide baggage cover, car rental key cover and private Accident.
* Policies are an identical price whatever your age (insured drivers should be UK residents, with an entire driving licence, aged 21-85)
* Additional drivers are covered at no extra cost
* For travellers frequently hiring cars within the UK or abroad, an annual Direct Car Excess Policy is obtainable for a price of £39 for Europe, or * £49 for the remainder of the arena excluding the Americas and the Caribbean.
In addition, a Collision Damage Waiver product for Worldwide including the Americas and the Caribbean (excluding Cuba), not just covers the hirer’s excess, but in addition insures them for as much as $100,000 for damage to the rental car and $1,000,000 for Third Party Liability.