Damage Waiver Insurance Van
What is van hire excess insurance.
Damage waiver insurance van. Damage waiver or as it is often referred to collision damage waiver cdw or loss damage waiver ldw is optional damage insurance coverage that is available to you when you rent a car. A van or minibus hire excess insurance policy is an optional policy which reduces the excess you are liable for on your hire agreement. Drive with confidence on your travels. Take the damage waiver.
Van hire excess insurance. In many countries it is a legal requirement to have cdw insurance included in the basic car. For example if you park at a supermarket and a trolley scratches the paintwork. This means you have to pay for the first 1 000 of damage to the van while it is in your care even if it is not your fault.
The amount of the excess varies from one rental provider to the other however it is usually between 500 and 2 000 per vehicle it can be even more on high value vehicles. Excess insurance will cover this cost as long as you choose a policy that matches the excess on your hire agreement. You must ensure your van rental agreement includes collision damage waiver cdw cover also sometimes referred to as loss damage waiver ldw cover. However we here at allianz assistance know that renting a car.
The first 200 of damage cannot be claimed back under this policy however if for example you have to pay a 1000 excess fee for damage you could still submit a claim for reimbursement through us for the remaining 800. Car rental companies treat the cdw as a waiver of their right to make the renter pay for damages to the car. Reduce your van rental excess and get fully protected for less. Our daily van hire excess policies protect you against excess charges resulting from theft or accident damage to your rental van whether it was your fault or not.
Questor insurance will cover you up to 2 500 for any physical loss or damage to the hired van. Our van policy is purely to cover your excess. Accept the damage waiver on your truck rental. Hiring a car whilst on holiday can be a fantastic way to explore the local area and sometimes a necessity if you re staying off the beaten track.
This tends to be standard in the uk. When you rent a van you will commonly find the hire already includes both collision damage waiver which covers the van itself and liability insurance which covers your liability to others should you have an accident involving a third party. In most cases if the vehicle you hire is stolen or damaged you would be liable to pay an excess amount before the rental company covers the remaining cost. In the event of an accident hire car excess insurance covers the first part of any claim otherwise known as the excess.
For a low price typically 12 a day you can eliminate the risk of a serious repair bill to the vehicle.
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