1. Car hire excess insurance is a product that
will cover the amount of excess on your rental
company car policy. This means in the
happening of a claim being made, you will not
have to pay out; the excess insurance will do
it.
http://carsurance.com.sg
2. You may face two types of risks when hire a car: - First is claim from
the people that you have injured them with the hired car Cost can be
very important in this case Second one is claims from the car rental
company that their vehicle has been damaged/stolen while being
rented by you If you don't have insurance then you will have to
http://carsurance.com.sg pay from your own money
3. So Car Hire Insurance has become very necessary today to get rid
of these types of problems If you hire a car, you may face some
potential financial risks relating to the excess on the policy Car hire
excess insurance offers you protection against these types of risks
The excess is basically the minimum amount that an insurer may
consider for the value of a claim
4. Car hire insurance is when renting a vehicle regardless of where
you are located in the world Most of the companies are offering car
hire insurance cover these days; also it is easy for a person to buy
this insurance cover online Some insurance companies have
partnered with car hire companies to offer inexpensive rates on car
hire insurance So it is possible to get very reasonable rates on car
hire plans
5. These are the things which can be damaged easily without any
carelessness While driving in an abroad country, sometimes on the
wrong side of the road can be a risk if you do not have experience
about this So there may be a great risk of you having an accident
Even a dink in your rental car could be caused doing something as
simple as parallel parking
6. Not only that, any time you park your rental car somewhere and
leave it, there is a chance that some other driver could reverse in to
or bump it, causing damage We should keep in mind if going to
select insurance policies Some of the general things to look out for
include the reliability of the insurer and the rates at which you are
buying the cover
7. Also consider the regional coverage of the cover so if you intend to
cross the continent The company you decide to buy your car hire
cover should have a worldwide presence so that the service
becomes suitable for you