If you accept a loan car from a garage while yours is in for servicing or repair, the chances are it'll be covered by a trade insurance policy. These insurance policies often have large excesses which you would be liable for if the courtesy car was damaged while in your care.
Though car hire excess insurance sounds like a great solution, most insurers wouldn't cover garage loan cars because the garage is not a dedicated car hire business.
However, there are car hire excess policies that will cover your garage loan car.
Worldwideinsure offer this through their Deluxe policy. This Deluxe policy is available on a daily basis from a 3 day minimum charge up to 180 days, perfect for a one off repair.
Insurance4carhire also offer an excess policy which will cover courtesy cars. Prices with Insurance4carhire are calculated using 24 hour periods rather than calendar days which can be helpful when you are only using a car for a short period.
With these garage loan excess insurance policies you can cover excesses from £6500.
Alternatively consider an Annual policy for European or Worldwide coverage for loans and rentals up to 60 days with either of the above companies. These are ideal if you just want one policy that will cover both garage loan cars and holiday car hire.
The annual policy from Worldwide also has the benefit of being a family policy should you have family members who will also be hiring separately during the year.
For more information see our review of car hire excess insurance from Worldwideinsure or car hire excess insurance from Insurance4carhire. Alternatively visit the WorldwideInsure website or Insurance4carhire website directly.
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This content was last reviewed on 25/10/2018