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Car Hire Brokers, such as Auto Europe, Car Rentals and 121 Car Hire basically retail car hire agreements on behalf of car rental firms. The industry has developed significantly as the internet provides an excellent place for consumers to find low cost car hire.
The reason that car brokers can offer cheap car hire agreements is that, if a car rental firm has a surplus of vehicles to rent out at an any particular time, they can use brokers to sell these without having to affect their published rates. Often, therefore, the brokers offer the opportunity for customers to rent a car from a major dealer at a much cheaper price.
The insurance agreement that applies is normally that of the hire company (Avis, Hertz, Sixt etc.) so if you buy through a car hire broker (such as the MoneyMaxim car hire comparison service, ebookers, carrentals) do check the arrangements for insurance of the underlying company.
The brokers also offer excess insurance - historically these used to be good value but in the past few years they have taken the opportunity of increasing their charges to the point where they are no longer competitive with independent policies.
Do undertake an independent search on the MoneyMaxim car hire insurance service, as prices for the same policy are normally around half the price of those bought from brokers. You can find yourself saving £5 a day compared to the rates offered through some companies.
If you have any queries do call a member of the MoneyMaxim car hire insurance team.
This content was last reviewed on 10/01/2017