I'm about to hire a car for a week and am worried about the high excess charged by hire companies. I know I can pay a waiver to get around this but that bumps the cost up quite a bit. I've seen a special insurance policy you can buy to cover you for the excess which is cheaper than the hire company's waiver but I have never heard of the company (DailyExcess.com part of InsuranceForCarHire.com).
Does anyone have any experience of this company or this type of insurance? Would I be able to get the same thing with a company like Directline? Thanks
Never heard of either (and ive sadly worked in Insurance for 25 years - not private motor though) but it may be worth giving someone like DAS a call, I know they can provide cover for your own car and recover any excess in the event of a non-fault claims etc. not sure about hire cars, but nothing to lose by giving them a call and explaining what you're after? http://www.das.co.uk/what_motor.asp
There was a good write up on this matter in one of the papers recently and they seemed to think it was a good idea. You pay a fee and this covers any uninsured costs on hire cars eg excesses, or damage to wheels & tyres which are often not covered. It costs �49 for a year for Europe and up to �119 for worldwide cover. By the way the company is