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Sally Wilson

Sally is a key member of the MoneyMaxim editorial team. She is a frequent hire-car user and often goes on holiday with her family. With an interest in getting great value for money, Sally shares her hints and tips for travelling and insurance.

Sally Wilson is one of our Team of Experts

Car Hire Excess Insurance Prices are rising – buy now and save!

Compare excess insurance for your car rental today for lower prices

side view of silver car and wing mirror

If you have a car hire booked, look at getting your car hire excess insurance as soon as possible as we are seeing insurers increase prices in the light of higher claim costs. It is highly likely that there are more increases to come over the summer.

Using the Moneymaxim car hire excess insurance comparison service means that you can benefit from the lower prices from insurers who have yet to review their prices. This is particularly relevant if you have an annual policy about to expire. Some annual policyholders are facing increases of 20% or more - so we advise you to check prices across the market before just accepting the price from your existing insurer.

What is car hire excess insurance?

When you hire a car which comes with Collision Damage Waiver (CDW) and Theft Protection there is usually an excess which you are liable for. Car hire excess insurance can reimburse you should you have to pay out any of this excess to the car hire company.

What else can car hire excess insurance cover?

Car hire excess insurance is not just about the excess! The CDW that comes with your hire will often have exclusions (parts of the car that you will still be responsible for) such as the wheels, tyres, glass, mirrors, roof and underbody. Excess policies can also reimburse you should you damage these excluded areas as well as providing cover for other items such as towing and lost keys.

What happens if I don’t have CDW with my car hire?

Policies are available which offer CDW should you not have any cover. CDW waives you of having to pay the full cost of repairs to the car should it be damaged. We do always suggest checking what cover you have with your hire and, if you are not certain, a quick call to your rental company can normally clear any confusion up.

Can I get a policy to top up my liability insurance in the USA?

If you have primary liability insurance (often this is the State Minimum Liability Insurance) then you can get policies including Supplementary Liability Insurance which will top your third party cover up to $1 million.

If you are hiring this year but not booked yet, an annual policy can cover as many hires as you like within the policy year provided the policy is purchased before you pick up any rental car and the hire is not longer than the specified maximum trip length on your chosen policy.

We can help with any car hire through our in-house car hire broker Clarify Car Hire. If you run a quote for excess insurance through MoneyMaxim you can also pick up a voucher worth up to 50% off your booking deposit when you use Clarify Car Hire.

Act now and you could save on your excess insurance and on a car hire booking too!

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