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Drivers
Abroad are stumped by hefty Car Rental Excess costs, but could
save £££’s on the holiday budget with an annual policy
28 April 2008
- Avoid
getting stung by an unexpected big Excess
- Beware
of car rental firms costly Excess waivers
- Save
£££ by taking out an annual Excess insurance policy
Holiday
season kicks off this May bank holiday as thousands of Brits
look forward to a weekend in the sun, but standalone Excess
insurance specialist Insurance4carhire.com
warns of costly excess waivers that could leave you spending
more than you bargained for.
The
basic cost of hiring a car can appear very reasonable, and
most of us will sign up for the car rental company's insurance
policy without looking into the small print - however add-ons
- especially for ‘damage' incurred to a vehicle during the
rental period - can run into hundreds of pounds.
"It
is essential that people hiring a car are aware of the car
rental firms insurance policies and that they most likely
will not cover you for the excess - this is the damage incurred
on the vehicle's tyres, roof or undercarriage, the most commonareas
of damage,' says Insurance4carhire.com spokesman Larry
Ursich.
Excess
charges for these damages can vary from £300 - £1,500 depending
on the amount of damage and the country you are traveling
in- a big blow to the holiday budget.
"Car
rental companies do sell their own Excess cover at the counter,
but it is expensive and can cost as much as £15 per day and
does not always cover you for the total amount of damage to
the windows, tyres, roof and undercarriage. Even if you pay
to reduce the Excess to zero you may still be liable for damage
to certain parts of the car," says Insurance4carhire.com
spokesman Larry Ursich.
Hiring
a car on holiday can mount to a costly experience and a lot
more than what was quoted on the car rental firm's website.
One week's car rental, insurance and a daily excess waiver
can mount to as much as £xxxx
TABLE
OF EXCESS WAIVER insurance costs
*Information
provided from Insurance4carhire.com
April 2008
Top
tips for hassle free car rental
- ALWAYS
read the terms & conditions of the car hire provider's website
& documents
- Check
the Excess - even if you reduce it to zero you may still
be liable for damage
- Check
that your insurance covers all aspects of your trip - especially
if you are planning off-road travel
- Check
the vehicle for any existing damages when you collect the
car. Make notes on the car rental form and take photos
- Take
your car hire company's contact details with you in case
of emergencies and check if there is any breakdown cover
- Check
what time you need to return the car - you will be charged
for any over-time
- Check
your credit card statements after your hire to ensure no
unauthorized extras have been charged to your card
Insurance4carhire.com
has developed an alternative that will save motorists
a small fortune: low annual car rental Excess insurance products
to protect customers whenever they rent a car, with peace
of mind that the total amount ofExcess will be covered.
Europe-wide
cover costs just £49,
covering the policyholder and all additional drivers on the
car rental agreement for multiple use throughout the year.
Annual
Worldwide cover costs just £59 to provide protection anywhere
in the world where Excess is charged.
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
Money
saving, Peace of Mond 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 – Don’t
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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