Monday 12 August 2013

Worldwideinsure.com mentioned in Mail on Sunday

Worldwideinsure.com was mentioned in the Mail On Sunday's article yesterday "The Crafty Traveller: Top tips for driving down the costs if your holiday car hire" by Fred Mawer.

A topic that has been well covered in the media of late included "Buy separate excess waiver insurance" where Worldwideinsure.com was quoted.

Also: "Avoid Fuel rip offs"  Saying the most cost effective way to save money is to pick up the vehicle with a full tank of fuel returning it full and not making any money for the car rental company. However as mentioned on this blog a lot recently and in other media. As the Mail's article says "many firms, especially in Spain, now insist on a 'full-empty' arrangement. You have to pay up front, usually at an inflated price, for a full tank of fuel and are encouraged to return the vehicle with the tank as empty as possible - no recompense is offered for any that goes unused".

Other cost saving ideas listed included the cost of additional drivers, take your own satnav and take your own child seats, apparently according to the article "With easyJet, you can check in a child's car seat for free if you are travelling with an infant under two.", Not so sure what would happen with Ryanair though.

View the full article Here

Find out more about Worlwideinsure Here

Thursday 8 August 2013

Questor Insurance comments about the most expensive destinations for car hire being revealed

Vehicle hire excess and travel Insurance specialist Questor Insurance looks at figures that reveal the most expensive destinations around the world for holidaymakers to hire a car. In a press release issued earlier they say;

Research* has revealed that heading to Norway will burn the largest hole in consumer’s pockets when it comes to hitting the road in a hire care with the total cost of car hire coming in at a whopping £520.40.

Norway’s lead as the most expensive destination for both filling up (£72 for 40 litres of unleaded petrol) a car, and car hire, was followed by Pisa, Italy (£491.21), Geneva, Switzerland (£464.68) and Split, Croatia (£429.85).

As well as the cost of car hire, the research revealed that holidaymakers hiring a car abroad could be stung by sky-high excess charges, the amount you pay towards a claim, if their vehicles were stolen or damaged.

This cost could set drivers back as much as £1,186 in Ireland and up to £1,064 in Switzerland.

While drivers encounter the lowest excess charges in Turkey (£400) and Bulgaria (£404), the good news is that drivers can avoid excess charges altogether up to a pre-specified limit by taking out car hire excess insurance in advance.

Car hire excess insurance starts from as little as £2 a day, substantially lower than the cost of paying out for even a single excess charge on a claim.

Holidaymakers can also save even more of their precious travel budget by opting for locations around the globe that offer more competitive pricing on car hire and petrol.

As an example Florida took first place in the ranking of cheapest destination for car hire, with total car hire costs coming in at £164.69, and 40 litres of unleaded petrol totalling at £21.20.
Following in second place was Burgas, Bulgaria (£242.09), with Luqa, Malta (£255.49) in third place.

Commenting, Questor Insurance CEO Andrew Lawrence, said: “Getting the best deal on a car hire is particularly important at a time when consumers’ budgets are being stretched to the limit.

“Securing you car hire excess insurance in advance is one way to do this, and as an added bonus your policy will also cover any damage to tyres, windscreen and the underbody of your vehicle.”

Questor Insurance’s ‘Be Holiday Savvy’ campaign is running from June to September and will provide travellers with a wealth of handy hints and tips to make the process of planning and executing their foreign holiday that much smoother.

Monday 5 August 2013

Worldwide Insure listed as one of the cheapest providers of car hire excess

In a recent article published online by the Daily Mail, Worldwide Insure has  been named as one of the cheapest providers of Car Hire Excess Insurance.

In Seven Holiday Sins That Could Spoil Your Break and Cost You Dear, finance expert Victoria Bischoff advises readers to beware of rental insurance offered by car hire companies, advising that travellers instead opt for cover from an insurance provider before going on holiday when she goes on to say “Price comparison website Moneymaxim lists the cheapest providers and deals. Worldwide Insure, for example, offers cover starting at £12.95 for a week in Europejust £1.85 a day.” (Article is Here

What is Car Hire Excess Insurance?
Very simply, it is insurance to cover the excess you would be expected to pay should your hire car become damaged or if it gets stolen.

What is wrong with the insurance provided by car hire companies?
In case you are wondering what all the fuss is about, maybe you are not aware of the excess fees car hire companies will charge should you become involved in an accident or are the victim of theft. They are often well over £500, often as much as £1,000.

The excess insurance offered by the hire companies often called Collision Damage Waiver or Super insurance can be as much as £150 a week. A world apart from their European Car Hire Excess Insurance which starts at just £12.95 per week! Find out more Here

Also, if you are hiring a car in the USA you are required by law to have third party liability cover of $1million. The cover supplied by car hire companies often falls short of this figure which can leave those who have been found to be at fault in an accident with huge bills.

The Worldwide Insure  USA and Canada Car Hire Excess Insurance includes the third party liability cover, with daily rates starting at £6 – another great deal that they are proud to shout about too at Worldwide! Source Worlwide

Incidentally apart from Car Hire Excess insurance Worldwide Insure offer Motor Home Excess Insurance - Travel Insurance and Car Club Excess Insurance Visit site Here

Saturday 3 August 2013

New research by the Post Office has found very high insurance excess charges for car hire

Two UK national newspapers have just reported on Post Office research about  additional charges when you hire a car. The research is for hiring a car for ONE week. The Daily Mail has run a story entitled " The great car rental rip off: Holidaymakers face £1,000 excess charges or insurance that DOUBLES the price of car hire"  Full report Here

Meanwhile The Daily Telegraph called their one " Most expensive car hire destinations revealed The holiday destinations with the most expensive rates for car hire have been revealed in a study by the Post Office"
Full Report Here In the Post Office research on top of the basic car hire prices are costs for an additional driver, 40 litres of unleaded petrol and "Excess Waiver Insurance".

Of the twenty destinations in the report Florida comes up top with £4.69 for an additional driver no charge on excess waiver insurance and £21.20 for fuel.

All the other destinations have charges for excess waiver insurance. Ranging from £34.83 in Marmaris in Turkey to £151.94 in Spain's Costa del Sol

The remaining 17:

Oslo Norway: £150.40 | Pisa Italy £148.15 | Geneva Switzerland £ 115.42 | Split Coatia £104.27 | Salzburg Austria £ 88.01 | Nice France £ 115.17 | Copenhagen Denmark £81.34  Faro Portugal £97.90 | Mallorca Spain £122.98 | Larnaco Cyprus £134.86 | Costa Blanc Spain £128.28 | Dublin Ireland £100.24 | Tenerife Spain £122.46 | Crete Greece £63.13 | Corfu Greece £66.47 | Luqa Malta £54.92 | Burgas Bulgaria £51.49

The most expensive place to hire a car in the Post Office research was Oslo in Norway. The basic car hire alone was £271.30, add on the excess waiver quoted above of £151.40, then an additional driver £72.00 and 40 litres of unleaded fuel £72.00 and it comes out at £520.60. Quite some difference to Orlando in Florida at the other end of the scale with a total cost of £164.69    

How do you save money?: Well items like child seats and Sat Navs were not included, but by bringing your own that helps cut down additional costs. If you really need an additional driver then you cannot cut that out. You will also have to pay for fuel, but beware of so many companies that have a collect full policy, return empty. You pay for fuel at their price and then if you don't use it all...they make more money out of you.

Finally the excess waiver insurance: You can save money here by buying from an independent insurance company like Questor - insurance4carhire - iCarhireinsurance - Essential Travel - Worldwideinsure - carhireexcess.com and Protect Your Bubble. These companies should be able to supply you with an annual European policy for around £40 which is a lot less than it would be in the Post Office research for one week's hire.Find out more about these car hire excess waiver insurance products here  

Thursday 1 August 2013

Dutch and Spanish car hire excess insurance sites launched

Halo Insurance the company behind the car hire excess insurance and van hire excess insurance iCarhireinsurance.com  have just launched a Dutch language and Spanish language site.Insurance Insight's report said that The Spanish site, known as aseguramicochedealquiler.es (insure my rental car) and the Dutch site, huurautoverzekering.com (car hire insurance) will offer a similar coverage to that available in the UK, but with a website more tailored for the specific markets. All Halo products in Europe are underwritten by Chubb Insurance.

Ernesto Suarez, Halo founder and chief executive, said: "Spain has one of the largest markets for rental cars in Europe, and whilst Holland has a smaller population, they tend to be well travelled, and hire a lot of cars. After our success in the UK and Germany, these countries were the next logical step in our expansion plans."

He added: "Consumers are beginning to wake up to the fact that rental companies are charging a fortune at the rental desk for excess cover that can be bought significantly cheaper elsewhere. By launching these country specific websites, we aim to make it even easier for consumers to understand their options and save money."  Source Insurance Insight.

If you are looking for car hire excess insurance or van hire excess insurance from Halo's iCarhireinsurance - Follow this link