Annual Policy for Rental Car Excess Reduction?

[93Revisited]

I'm now hiring a rental car for multiple days every two weeks in Australia and the insurance through Hertz or Avis is going to add up to big dollars. I don't have a lot of trust in the premium credit card complimentary insurance so an annual policy might be the best bet. Does anyone have a recommendation?

 

[PLANT]

TID year travel insurance covers car rental insurance in Australia. $400 year I reckon your up for......

 

[VPS]

I used Good to Go last year for annual TI - it was about $275 for international except US and no excess - they were highly rated by Choice -I had a recent claim - only $111 but they were good to deal with.

I've also used 1Cover and Covermore and QBE often have some specials through the Entertainment card

 

[Meggsy]

I have used worldwideinsure.com for many years now. The deluxe world wide policy covers all countries as well as home rentals. Costs me about $120 per year.

 

[dajop]

I have used worldwideinsure.com for many years now. The deluxe world wide policy covers all countries as well as home rentals. Costs me about $120 per year.

Have used them as well, on an ad-hoc basis, but if I was going to be renting on a regular basis would definitely sign up for the annual policy.

Main thing to be careful about - and this applies to all excess reduction policies - is ensuring when renting you actually take Collision (or Loss) Damage Waiver with the rental - particularly in places like US where it is not always automatically included (although usually is if declaring place of residence as Australia).

 

[PLANT]

Wow that is good value....no excess on worldwideinsure.com????
Any discount codes?

 

[opusman]

If you have a credit card that gives you this for free it seems silly to pay again for it (particularly through some potentially dodgy overseas website).

 

[JohnK]

Not popular on AFF but QBE annual multi-trip via travelinsurance.com.au or Entertainment book is good value.

 

[dajop]

If you have a credit card that gives you this for free it seems silly to pay again for it (particularly through some potentially dodgy overseas website).

Always pays to complete some due diligence on websites by looking for reviews and scams in a Google search associated with websites you are not familiar with.

Also important to understand the conditions and size of credit card provided insurance. Some have conditions that I have been worried about (some ambiguity around taking excess reduction from car hire company) and others have limits to cover well below the excess (on my two most recent rentals in AU the excess was $4500).

 

[RB]

Along the same lines as this, when we were travelling around NZ in a motorhome, a few policies appeared to only cover sedans & station wagons.

 

[Peter D]

When it comes to excess reduction I am happy to rely on the credit card. Terms and conditions are clearly are set out the PDS.


My ANZ platinum give me $5,000 excess reduction and my Westpac black $5,500 for any claim. (Can’t double dip of course). I don’t even have to use the card for the hire, the cover is just there.
The main requirement is that the hire car must be insured. Then the CC covers wholly or reduces the excess by the amount stated.


Collision Damage Waiver (CDW) is different from excess reduction. (Basically it is the hire company self-insuring).
If the car is uninsured then you must take up the CDW before the CC will cover the excess if any. Or you can of course do your own insurance.


I don’t think I have come across uninsured rentals In Australia, Britain or Europe.


America is different and one should always make sure that insurance/CDW is included. Or you can independently insure.