Monday 4 August 2014

Beware of the Excess Waiver Insurance says Express article

Personal Finance News in The Express featured car rental and keeping down costs.

According to the report "Exclusive findings from insurer Protect Your Bubble show that Briton's have been unfairly charged £304 million for damage they did not do to hire cars over the past five years, at an average of £179 each. Of those, six in 10 did not get their money returned after they disputed the additional cost.

A driver will pay on average of £304 across a dozen of the most popular destinations including Spain, France and Ireland to rent a compact family car such as a VW Golf for a week in August, according to website ICARHIREINSURANCE"

The article goes onto talk about Beware of the Excess Waiver in hire cars and that "It continues to be the biggest rip-off at the rental desk with customers paying over the odds for cover that is not even comprehensive.
Stephen Ebbett from Protect Your Bubble says: "Excess payments can be staggeringly high with some car rental firms, so it makes good sense to buy excess insurance.
"However, it is far cheaper to buy this online from a standalone insurer. Also, many car rental firms' policies won't include damage to glass, the under-body of the vehicle and tyres."
"When picking up your hire car make sure that you check it thoroughly for any damage, including scuffs to wheels, and make sure that everything, no matter how small, is highlighted on the checkout sheet," says Ernesto Suarez, chief executive of ICARHIREINSURANCE"
See Full Article Here 
Find out more about Protect Your Bubble Car Hire Excess Insurance Here 

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