Tuesday 27 April 2010

Excess insurance for car club members

According to iCarhireinsurance.com Car Club Members can save almost £130 on their excess insurance.

Car Clubs are springing up all over the UK and whilst most offer fully comprehensive insurance they also come with an excess of up to £1,000. Car club excess insurance is available to reduce this, but many Car Clubs charge around £14.95 a month or £149* a year for their Excess Insurance and most exclude cover for damage to the windows and tyres.

Car Club members could save £129 a year with ‘Car Club Excess Protection’ from iCarhireinsurance.com. This new policy has been created especially for Car Club members and offers complete peace of mind for just £19.99 a year, when purchased with any iCarhireinsurance annual Car Hire Insurance Product, and all parts of the car are covered.

Compared with Streetcar's annual policy (£149), this is a saving of almost £130. There is still a saving of £89, when the price of iCarhireinsurances’ lowest priced annual car hire policy, the Excess Europe (£39.99), is included.

This policy can be taken abroad and used with any car rental agreement while on holiday or business. You can't do that with any car club product because all you are paying for is use of their vehicle. iCarhire policies gives you the protection and peace of mind knowing you will have nothing to pay for any damage to your car club or rental vehicle.

**Prices on 21st January 2010
*** The iCarhireinsurance.com price of £59.98 is the addition of our Annual Excess Europe Policy (£39.99) with the Car Club Excess Protection Upgrade (£19.99). All taxes included.

Ernesto Suarez, CEO, www.iCarhireinsurance.com, said “Car Clubs can save drivers a lot of money, but many drivers don’t realise they are liable for damage to the car, even if it is not their fault. A small scratch to the roof or a chip to their windscreen and those savings quickly disappear.

“Many of our customers hire cars in the UK and abroad and are also car club members, so it made sense to create an extension that gives them complete peace of mind and saves them money.”

iCarhireinsurance.com is a Finalist for Best Business Start Up of the Year in the LinkedIn European Business Awards 2010.

iCarhireinsurance.com was founded in 2009 and is a groundbreaking new online insurance service that takes the jargon, hassle and expense out of hire car insurance by offering policies that are cheaper and more comprehensive than those sold at car rental desks, can be used with all car rental agreements worldwide, and quick and easy to choose and buy.

iCarhireinsurance.com is a registered trading name of Halo Insurance Services Limited. Halo Insurance Services Limited was founded by Ernesto Suarez, a leading insurance professional with 10 years experience in the industry.

Halo Insurance Services Limited is registered in England number 6929208. Authorised and regulated by the Financial Services Authority Register No. 504629 for the sale and administration of general insurance products in the United Kingdom and throughout the European Economic Area (EEA).

Halo Insurance Services Limited is backed by Bridges Ventures and Magenta Partners. Bridges Ventures is an investment company whose commercial expertise is used to deliver both financial returns, and social and environmental benefits. Key backers include the co-founder and former chairman of Apax Partners, Sir Ronald Cohen, 3i and Doughty Hanson. Magenta Partners are a highly entrepreneurial team committed to investing capital in growth businesses. Its principal founder and investor are the Tom Singh Family Trusts - Tom Singh is one of the UK’s leading retail entrepreneurs.

To Find out more about iCarhireinsurance.com visit their page at insurance4carrental.com http://www.insurance4carrental.com/iCarhireinsurance.htm

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