Car Hire Excess Insurance in the News & Blogs in Mid April 13

I have come accross a couple of features on the Internet over the last 48 hours for car hire excess insurance.

First of all in the "canalworld" forum someone had started talking about insurance4carhire.com excess cover. The contributors live in Aberdeen and fly down to their boat. Sometimes they hire a car as well. They go on to say "You can get some pretty cheap deals with the likes of holiday autos, but there is always the excess on the collision damage waiver, around £800 these days.

You can of course pay an exhorbitant daily fee for CDW excess waiver but that can be as much again as the car hire. The company in the topic title offers an annual policy for £42 or so that in the event of damage, although you have to pay the excess up front, you get it back. Any number of hires, max duration of each hire 30 days." (In fact the Annual Europe 30 days from insurance4.carhire is at a discounted price of £40.19 by following this link )

Anyway apparently "So having hired perhaps 12 times in the last 2 years and never had any damage, when we were hit by a massive stone on the motorway that severely cracked the windscreen last month and a consequential bill for £260, I wondered whether, like some insurance companies, they would be very good at taking the premium but not so keen to actually pay out. No, I was wrong, less than 2 weeks after I submitted my claim, the money is languishing in my bank account. Well done Insurance4carhire. Just thought I would share that in case anyone else is in the habit of hiring" Canalworld Page Here

The second pirece was in the London Evening Standard on Friday 19th April. "It pays to cover your back" A long piece featuring the iCarhireinsurance.com products.

"Most of us hope we won’t actually need it when we take out a new policy, pinning our trust in our skill and care behind the wheel. But new research, exclusively compiled for this page by iCarhireinsurance.com, shows that it really is the others you have to worry about, especially when you’re driving a hire vehicle.

Their figures reveal that in one-third of cases (34 per cent) where motorists have had to claim on their insurance policy for damage to a hire car or van, it has not even been their fault. And — worryingly — it’s where you’d expect the car to be safest (not when it’s in swirling traffic but securely locked up in a car park) that most of the damage seems to occur, potentially threatening to ruin a holiday getaway in the blink of an eye. More than one-fifth (21 per cent) of those questioned said the damage to their hire car occurred in car parks, with more than half (54 per cent) saying the damage was caused by a third party when they weren’t present."

Find out more about iCahireinsurance car and van hire excess products Here

Read all the London Evening Standard article Here