Car Hire Insurance On Your Credit Card
February 3, 2010 by Car Hire Insider · Leave a Comment
Many of us don’t realize our existing credit cards may already provide us with all the cover we need without having to take out extra excess insurance cover from the car hire companies. You can save precious dollars by checking if this is true for you. Read more
Understanding Car Hire Insurance
September 27, 2009 by Car Hire Insider · 2 Comments
Many unhappy car rental stories stem from customers not realizing what they were protected for (the car rental companies don’t exactly make it easy), and end up having to pay for damages they didn’t think they had to.
So first things first – what do all those car hire insurance acronyms and confusing lingo mean? Understanding what you are getting will enable you to make the right decision of the level of coverage you need and are willing to pay for. These are the common terms and offerings you will find:
This is the standard limit of how much you will be liable to pay for in the event of damages to the rental car. If it was $3,000 and you completely totalled the car, you would only pay up to the maximum of this $3000 instead of the car’s total replacement cost.
Optional: This allows you to reduce your standard liability to the specified amount e.g. from $3000 to $330. There may be options that include cover for the Windscreen, Headlights and Tyres (WHT) which is usually excluded with the Standard Liability
Optional: Reduces your liability to $0 and extends coverage to include damages to Windscreen, Headlights and Tyres (WHT)
Optional: Extends cover to Single Vehicle Accidents (i.e. accidents not involving another vehicle, unless it is a parked vehicle). Basic rentals typically have higher excess amounts for SVA than the Standard Liabililty unless you take this option
Optional: Affords cover for “reasonable damage” to the windscreen, headlights and tyre puncture which is usually not covered by the Standard Liability
Optional: Covers the event your personal belongings contained in the car are lost or damaged. This is usually included with travel insurance.
Optional: Covers the authorisied driver up to a certain limit in the event of death or permanent disability. This is usually included with travel insurance.
Once you are ready, be sure to find out how to bag yourself major savings with alternative car hire excess insurance options that give you better protection for a lot less!
Car Hire Insurance: Smarter Alternatives
September 26, 2009 by Car Hire Insider · 7 Comments
UPDATE: Car hire excess insurance is an expensive business but we’ll tell you how to save big time. In fact, getting the right car rental protection could cut your costs by $100s.
We’ve revamped this page by popular demand to provide all the information you need to ensure you are well covered. Read more
How Car Hire Insurance Claims Work
September 25, 2009 by Car Hire Insider · Leave a Comment
Here’s a few more car hire insurance related points to note.
If you damage your rental car, you can expect the car rental company to automatically deduct the MAXIMUM amount you are liable for (e.g. something like $2,750 if you haven’t taken out excess reduction) from the credit card you’ve registered with them. Read more
