Excess Waiver Insurance is a reimbursement insurance which means that if a policyholder is charged by a car hire company for the excess payable if their hire car is stolen or damaged they can seek reimbursement from the car hire insurer. It provides significant peace of mind for car hirers.
It also covers other areas of the car that are not normally covered at all by hire companies, whether or not the hire firms 'Super Cover' is taken. Such areas include the wheels and tyres, glass (including the windows, lights and mirrors), roof and underbody of the car.
Having taken one of these policies customers can turn down the add-on insurance offered by the hire firms, which can easily cost £100+ for a weeks hire, in the knowledge that is they are charged by the car hire firm they can seek reimbursement from their car hire insurance policy. Many such policies are available on the moneymaxim car hire insurance comparison service.
Compare car hire insurance prices with moneymaxim
If you have any queries do call a member of the moneymaxim car hire insurance team.
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