Carhireexcess.com, the leading providers of excess cover for foreign car rentals, is urging travellers to be aware of the overpriced additional insurance excess charges charged by car hire companies at their desks abroad.
Each year, thousands of holiday goers are being ripped off by car hire companies when they reach their holiday destination.
As displayed in the below table, a traveller renting an Opel Corsa car with Hertz for 14 days in Malaga will be charged €330.12 at the car hire desk to cover the excess of their car rental. Carhireexess.com will cover this excess charge for €41.86 – a massive 87% saving to the traveller of €288.26!
A saving of €188.58 or 82% can be made when renting an Opel Astra 1.4 with Budget Car Hire and a saving of €182.14 or 81% can be made on when renting a VW Golf Diesel with Avis. Similar savings exist for other car makes and models as well as other rental periods
14 Day Car Rental in Malaga, Spain:
|Companies||Price||Potential Savings Using Carhireexcess.com|
Travellers can cover the excess online with carhireexcess.com before they travel on holiday at a much cheaper cost than what they would be charged when they arrive to the car hire desk. Cover can be purchased from as little as €2.99 per day for European rentals. Carhireexcess.com also offer year round car hire excess cover from just €49.99 on European rentals.
According to a recent survey carried out by B&A on behalf of carhireexcess.com, 52% of people hire a car when travelling abroad. The majority of car rentals are taken out by males (70%) and approximately one quarter (25%) of these people tend to rent a car abroad between one and four times per year.
31% of those surveyed purchased car rental excess cover from the car hire desk when they arrived on holiday, demonstrating that there are a substantial amount of holiday makers unaware that they are overpaying for this service.
When renting a car abroad, holiday makers need to beware that their contract with car hire companies could include excess charges up to and over €2,000. This means that holiday makers will have to pay this amount if their rental vehicle is damaged or stolen during their trip. This high excess payment can apply even to a small scratch on the rental car.
Due to the high costs set out by the car hire companies, people often decide against purchasing excess waiver insurance to save money and leave themselves vulnerable to these huge excess fees.
Managing Director of carhireexcess.com, Ciaran Mulligan says, ‘Anyone hiring a car abroad should be aware of the overpriced additional excess charges from car rental companies. It often comes as a shock to travellers when they get to the car hire desk and are presented with this charge. Many travellers tend to feel that they have no other choice. The reality is, instead of paying these unexpected and overpriced excess charges, travellers have the opportunity to save themselves substantial sums of money and cover the excess with carhireexcess.com for a much lower cost before they travel.’