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Age
no barrier to protection for older drivers Low cost excess
waiver policy helps over 75s stay on the Road
4 March 2008
- Older
drivers stay on the road for longer, insurer reveals
- 75
to 85-year-old drivers can cut cost of holiday motoring
with sympathetic excess insurance provider
- Peace
of mind for senior drivers with policy covering undercarriage,
tyres and windows
A
significant increase* in the number of senior citizens hiring
cars while holidaying abroad has triggered a need for low
cost car rental excess protection for the over-75 age group,
reports Insurance4carhire.com.
"With
75 being the new 65, growing numbers of older travellers are
determined to continue driving as part of their holiday and
are seeking out those car hire companies who do not discriminate
against them because of their age," says Insurance4carhire.com
spokesperson Larry
Ursich.
"But
when faced with the punitive daily levy charged by car hire
companies for their excess protection policy, the deal can
be so costly that even the most indomitable drivers could
decide it's just not worth the expense.
"It's
bad enough for most people, but for senior citizens who are
often on a restricted budget, an expensive excess charge is
something they can ill afford."
Hiring
a car without excess protection is a big financial risk -
drivers can be liable for as much as £1,000 should the rental
vehicle suffer any kind of damage or be stolen, so the choice
is pay up or don't drive.
But
there is another option - Insurance4carhire.com
believes in fair-for-all insurance products - and to help
keep older drivers stay on the road it has launched two affordable
policies for the 75-85 age group.
The
low cost annual policies - which cover either the UK & Europe
or Worldwide - protect against claims for excess on the vehicle,
from the slightest scratch to theft.
And
crucially, they apply to damage to the tyres, undercarriage
and windows which are - generally - not included in car hire
companies excess waiver policies.
Europe
75-85 Just £65 - Valid at all European car rental
locations
Worldwide
75-85 Just £75 - Valid at all Worldwide car rental locations
Cover
excess on damage to the rental vehicle including the roof,
undercarriage, windows, tyres and theft
Valid
for 31 continuous days in any one rental period
Unlimited
use within the 12 month cover period
Additional
drivers can be aged between 21 and 85
Drivers
allowed to hire cars as often as they wish during their annual
cover period
Source:
Insurance4carhire.com,
February 2008
Insurance4carhire.com
policies are valid at all car rental locations in Europe
and Worldwide with one premium allowing unlimited use within
the 12 month cover period
Sources:
* Based on Insurance4carhire.com's significantly higher volume
of enquiries for Europe 75-85 and Worldwide 75-85 in the last
quarter of 2007
Notes
about this Press Release
Founded
in 2002 Insurance
4 Car Hire is an innovative online insurance company whose
core business is the provision of car rental Excess insurance.
The business was born out of the high costs being charged
by the car rental companies for Excess cover. Insurance4carhire
strives to bring customers annual Excess insurance products
offering customers convenience, peace of mind and very significant
savings when they rent cars.
In
2005, for the second year running, Insurance4carhire received
the accolade of "World's Leading Innovative Ecommerce Travel
Product" from The World Travel Awards. These annual awards
celebrate achievement in the travel industry and are based
on votes cast by travel industry professionals throughout
Europe.
To
reflect the increasingly global reach of its products, Insurance4carhire
changed underwriters to AIG UK Ltd, a member company of American
International Group, Inc., (AIG) in December 2007. AIG is
one of the worlds leading insurance companies with operations
in more than 130 countries.
Insurance
4 Car Hire is now part of the Towergate
Partnership the largest independently owned insurance
intermediary in Europe.
Source:
Insurance4carhire.com
See
also - other Insurance4carhire.com Press Releases
Insurance4carhire.com's
Best Drives in the US - January 2009
Money
saving, Peace of Mind and Top Tips from
Insurance4carhire.com
this Winter - December 2008
Insurance4carhire.com
appoints Hills Balfour Synergy for PR Representation - December
2008
Don't
forget to take car hire excess insurance and travel insurance
for a Christmas or New Year break - December 2008
Drivers
Down Under Hit by biggest Car Hire Excess Charges Dont
go the distance without protection, warns INSURANCE4CARHIRE.COM
- Excess charges incurred by drivers in Australia disproportionately
high compared to other motorists - June 2008
Drivers
Abroad are stumped by hefty Car Rental Excess costs, but could
save £££s on the holiday budget with an annual policy - April
2008
Confusing
car rental jargon, unclear insurance policies and excessive
excess The Big 3 pitfalls that can leave you out of pocket
when hiring a car on holiday, warns Insurance4car.com - April
2008
Age
no barrier to protection for older drivers Low cost excess
waiver policy helps over 75s stay on the Road - March 2008
Brits
set to get stung this Easter with Sky-High excess insurance
costs EU car rental firms cash in on UK drivers with massive
excess charges - March 2008
insurance4car
hire.com - March 2008
Brits
go holiday crazy reckons major survey but Insurance4carhire.com
says watch out for excess car hire charges - March 2008
Trusting
travelers tripped up by Holiday Car Hire pitfalls Wise up
or pay up, says Innsurance4carhire.com - March 2008
The
Great Excess Insurance rip-off - EU Car Rental firms fleece
Brit drivers with massive excess Penalties - February 2008
Towergate
Partnership announces the acquisition of Insurance 4 Car Hire
Agents Ltd - January 2008
Lower
prices for car hire excess insurance from December - December
2007
Annual
Car Rental Insurance Renewal is here again - October 2007
ALSO:
Exercise your constitutional rights in the air - January 2001
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for car hire excess insurance?
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