Things You Should Know About Cheap Car Hire Insurance

Saturday, August 28th, 2010 at 2:22 pm

Finding cheap car hire insurance may save you money but does it provide adequate cover.

Being choosy

When you rent a car, you don't necessarily go for the cheapest little car you can find.

Everyone has different things they like such as room inside the car and make and model.

In the same way, when it comes to insurance protection, you may have your own set of requirements which may not match against the insurance cover provided by the car hire company either as part of the standard package or as optional top up cover.

Examples of this may be:

l a policy which might usually cover all named drivers at no extra cost;

l excess insurance which also covers the windscreen, tyres etc - again at no extra cost;

l annual cover which you can use for all of your rentals in a given year;

l protection for if you decide to travel outside of the UK.

As far as you may be concerned, cover, which includes these features even if it costs a little bit extra, may still be cheap car hire insurance in your eyes, because the value and peace of mind it offers outweighs the cost.

Additional insurance

The reason you may wish to buy additional insurance for your rental might be quite simple.

The cover typically supplied as standard by car hire companies, caries an excess which may be as much as Â£1600.

If you add on the potential costs of you having to pay for damage to parts of the car like the windscreen and tyres typically not covered by standard insurance, then you may find yourself responsible for paying out a substantial sum if the rental car is damaged while on hire to you.

So you might come to the conclusion that buying additional insurance protection to cover the excess may make good financial sense.

Finding additional cover may be a great deal easier than one may think.

That's because there are online providers of insurance cover for hire cars and their cover is typically cheaper than that of the car hire companies.

So, even taking the additional features that their cover can typically provide into consideration, you may end up paying less than if you bought the additional cover from the car hire company.

Do note that, as with all insurance protection, your policy will be subject to policy limitations, exclusions within its terms and conditions.

Being safe

Checking out insurance does not have to be time consuming. Taking some time to understand what is provided and what else you actually need, may make all the difference.

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