01183 218197
(+44 118 321 8197 from abroad)
Monday to Friday10am - 4:00pm
Saturday, Sunday & Bank HolsClosed
Compare & Buy Car Hire Excess Insurance

Looking for something specific?

Use our search tool to browse our database of frequently asked questions!

FAQ Section > Car Hire Insurance Frequently Asked Questions > What are deductibles?

Does deductibles mean the same as excess?

MoneyMaxim explain what deductibles means and what you need to do about them.

Yes, deductibles are the American expression equivalent to the term excess in English.

Excess (or deductible) means the amount you are liable for should any damage occur to your hire vehicle whilst you are in control of it. When you have CDW (Collision Damage Waiver) with your vehicle, it covers (check Ts and Cs) all the costs of damage except for the excess and any excluded areas of the car (see below).

For example, if you caused £2500 of damage to your hire car and have an £800 excess you would have to pay £800 before the rental company will pay the rest. To protect yourself, you may want to take out car hire excess insurance which will generally cover the excess for situations such as accidents.

Many policies also cover tyres, windows, roof and the underbody of cars (often excluded areas) though we do strongly recommend reading the terms and conditions of your insurance policy to find out what it does cover.

Should you have any further queries, please contact our car hire insurance team who will be happy to help you!

Compare car hire insurance prices with MoneyMaxim

This content was last reviewed on 19/10/2021

Similar Questions

General Car Hire Insurance Questions Answered

Purchase related Questions Answered

Geographical related Questions Answered

Vehicle related Questions Answered

Daily and Annual Policy related Questions Answered

Claims related Questions Answered

Excess Insurance Questions Answered

Combined Worldwide CDW, SLI & Excess Policy Questions Answered

Questions on CDW & SLI Policies for the USA and Canada Answered

Car Hire Companies - Your Insurance Questions Answered

Your Driver related Questions Answered

Car Rental Keys Questions Answered

Excess Insurance Questions Specific to Countries