Purchasing an annual car hire insurance

Annual car hire insurance is a special way of saving significant amounts of money for you. It also means that, you do not have to accept the insurance, which is offered by your car rental company. The car rental companies offer different kinds of insurance to safeguard the drivers against the probable costs arising from any accidents. The insurance usually covers Collision Damage Waiver and third-party liability.

Unfortunately, for the hirers, the cost charged by the rental companies is much higher than the same hire insurances available from the professional insurance suppliers.

This specialist insurance provider offers an attractive package, called annual car hire excess insurance. This policy remains active in a year and covers the buyer for any damage of their rented car within that timeline, with some exceptions of certain specialist cars e.g. very high value models or sports cars.

As this is an annual policy, it offers some remarkable savings for the regular car hirers. It also saves a lot of time, which is required to re-confirm insurance requirements.