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Damage Waivers can be bought from the car rental company in most countries, or through a car hire excess insurer in the UK, [20] or through travel insurers. [21] Coverage from the car rental company may be required if the renter lacks proof of coverage elsewhere. [22] [23]
Excess insurance (also known as excess reduction, or damage liability waiver) is a secondary insurance which covers the cost of that excess in the event of a claim. Car-rental companies in Europe, South America, and Australasia will generally offer this cover as an opt-in secondary insurance, though third-party insurance companies also sell ...
Deductible. In an insurance policy, the deductible (in British English, the excess) is the amount paid out of pocket by the policy holder before an insurance provider will pay any expenses. [ 1] In general usage, the term deductible may be used to describe one of several types of clauses that are used by insurance companies as a threshold for ...
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A Japanese vehicle insurance policy issued by the Mitsui Sumitomo Insurance company. Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from ...
These companies can arrange the repair, provide replacement vehicles and recover the cost of the hire and other uninsured losses from the person at-faults' insurer. UK credit hire turnover in 2008 was estimated at £600-£650 million, with a further £300 million in credit repair, according to the Accident Management Association. The ...
Vehicle insurance in the United States. Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage.
Additional insured. In insurance policies, an additional insured is a person or organization who enjoys the benefits of being insured under an insurance policy, in addition to whoever originally purchased the insurance policy. [ 1][ 2][ 3] The term generally applies within liability insurance and property insurance, but is an element of other ...
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related to: car hire excess insurance uk costPlan ahead & get a policy for a tenth of the price. - The Independent