17 February 2025

Get All The Benefits of Car Hire Excess Insurance For Less When You Compare

If you renew your excess insurance without reviewing, you may be missing out

When you hire a car, you often have the main insurances of Collision Damage Waiver, Theft Waiver and Third Party cover in place. But even with these, there are usually gaps that you are not covered for which can include your car’s tyres, wheels, mirrors, glass elements and the excess liability on the two waivers. Car hire excess insurance can provide reimbursement should you be charged for these.

Compare Car Hire Excess Insurance with MoneyMaxim

What should you look for when comparing car hire excess insurance?

The first consideration is that any policy must cover those that are driving, the type of vehicle you are driving, the elements of insurance that you need and the location. By using our fast and easy car hire excess insurance comparison service, we will ask these details so that any results shown will fit these requirements.

We provide results in price order but when choosing an insurer you need to find a policy which meets your needs whilst offering you the best value for money. Cost should always be considered in relation to what services are provided, allowing you to get insurance that is the right fit for your hire and at a competitive price.

How to compare car hire excess insurance

The only way for you to find the best insurance deal is to compare what is available and this can be done quickly and easily with MoneyMaxim.

Here are some very good reasons to compare your car hire insurance with us.

• Policy Limits - Whilst all the insurers on our car hire excess insurance panel offer cover for your excess as well as areas such as the glass, wheels, roof and underbody, policy limits can vary.
• Additional cover - Some policies can offer additional benefits such as for loss of use, curtailment or business cover.
• Annual or Single Trip - You may find, if you are hiring for a longer period, that we show annual policies as a more cost effective option.
• Confidence - We work with reputable insurers and we are regulated by the FCA so you can be assured that you are opting for legitimate insurance policies.
• Comparison - We compare 15 different insurers so you can get a wide range of quotes depending on your needs.

Did you buy an annual car hire excess insurance last year?

If so, don’t rush to renew! Use the MoneyMaxim car hire excess comparison service to see if you can get a better deal.

If you are not planning to travel immediately, wait to buy your new policy just before you go so that you do not waste any days.

It is important to compare excess insurance policies to ensure you are getting your car hire insurance at the lowest price we offer. Many insurers will offer you a renewal at the same price you paid the previous year. By checking through MoneyMaxim you can find out if your current policy is available at a lower price or if any other company can offer a better deal!

How to save money by reviewing your annual car hire excess insurance

• What are your travel plans? – You are unlikely to need to buy a worldwide policy if you are only hiring within Europe

• Prices change – Insurers change their prices and you may find that your current insurer is no longer the cheapest

• Changes to the policy cover - Insurers may revise the cover they offer. A different provider may now provide broader cover than your current insurer.

• We have new insurers on our panel - there are more companies to compare and many offer discounted prices through MoneyMaxim

• Do you still need an annual policy? - if you only have one rental planned then you may want to opt for a single trip policy.

Review before you renew!

The following companies who offer annual policies through our site will automatically renew your policy unless you notify them otherwise:

• Leisureguard

• Insurefor

• Carhireexcess.com

• Coverforyou

• Eversure

• Reducemyexcess

These companies may well contact you before your renewal date which will be a great time to start comparing policies for the next year. Some of these companies will also give you the option to opt out of automatic renewals at time of purchase. If you buy a policy with a company that has auto renew set up then a quick call before your current policy expires will prevent the next payment going out. If you would like to discuss your requirements do not hesitate to call us at MoneyMaxim - we are here to help!