Excess Reimbursement Insurance Policy

Often when you hire a vehicle you are left stumped with a huge excess amount which is what your liability in the event that the vehicle is damaged. Nobody wants to be left with a huge bill for repair of a vehicle when they have already returned the car. This can sometimes be very unexpected and very troublesome as it may get you into financial trouble if you had not budgeted for this.

This is why many people look for options for covering there excess and ensuring that there is not anything to pay. Many rental companies will provide you with excess reduction which can often be very expensive often charging around £12-£30 per day on top of the rental. This can become very costly if for example you take the vehicle for more than a week as this will add up to more than £100 or even more and nobody want to pay that much money, especially if you do not even damaged the car.

Excess reimbursement is always a very popular choice when it comes to getting cover on your excess so that you are not left with huge bills at the end of your rental. The way that this kind of policy works is that if the vehicle is damaged while you are renting it, you will still have an excess with the supplier and you will have to pay the cost of the repair up to the full value of the excess. However if you take out the excess reimbursement policy you would pay the damage costs to the supplier and then you would contact the insurance company and they would get all the funds you paid towards the excess all reimbursed back to you.

There are two options when it comes to excess reimbursement, the daily policy and the annual policy.
The daily policy will cover you for however many days you are having the vehicle for at a cost of £5.25 per day. This is ideal if you are taking the car for one or two days as it covers you for the duration that you require.

The more popular option with many expats and with a large majority of our clientele is the annual excess reimbursement insurance which is usually charged at £49.99 however we are currently offering a this yearly cover for just £42.50 for a whole 12 months!

Having worked in the car rental industry for over 15 years, he really knows his stuff. Rob heads up our marketing department and as a keen traveller, always has a new location to talk about. Particularly if there is a golf course nearby.