The Hidden Cost That Could Add 75% to Your Car Hire Rental Bill
(firmenpresse) - LONDON, UNITED KINGDOM -- (Marketwire) -- 03/12/12 -- Travellers arriving to pick up their hire cars may be surprised to find that excess insurance sold to them at the rental desk may add up to 75% again to their original car hire bill.
If excess waiver insurance is not purchased by a hire car customer they could be liable for up to GBP 1500 if the car gets damaged or stolen, even if it's not their fault. Even a small scratch on a windscreen can cost hundreds to fix.
"Excess car hire insurance is sprung on people when they arrive at the car rental desk to pick up their car," said Ernesto Suarez, CEO and founder of iCarhireinsurance.com. "Tired after their journey they are then held to ransom to take out excess insurance with the fear otherwise of being liable for huge penalties, when all they want to do is pick up the keys and start their holiday or business trip. Asking people to make a snap decision on a complex product is not a fair transaction."
Many companies do not make it clear, when people are booking their hire car, that they are not completely covered unless they purchase additional excess waiver insurance. This lack of transparency in the booking process is creating a situation where people are arriving at the rental desk wrongly believing that they have bought all the insurance they need.
An iCarhireinsurance.com policy starts from GBP 2.99 a day or from GBP 39.99 for an annual policy. It also includes cover for vulnerable parts of the vehicle, which are frequently excluded by the rental companies' policies.
"Our advice is simple, buy your excess insurance before you fly to save you time, bother and most of all money with a better product which gives you absolute peace of mind," said Ernesto Suarez, CEO and founder of iCarhireinsurance.com.
For more information please contact:
Notes to Editors:
iCarhireinsurance.com Prices
Background on iCarhireinsurance.com:
Founded in 2009, iCarhireinsurance.com is a groundbreaking new online insurance service that takes the hassle out of hire car, car club and van hire insurance. It offers a range of policies that are fully comprehensive, simple to understand, unbeatable value and accepted at all car and van rental locations worldwide.
iCarhireinsurance.com is a registered trading name of Halo Insurance Services Limited. Halo Insurance Services Ltd was founded by Ernesto Suarez, a leading insurance professional with 13 years experience in the industry.
Halo Insurance Services Limited is registered in England number 6929208. Authorised and regulated by the Financial Services Authority Register No. 504629 for the sale and administration of general insurance products in the United Kingdom and throughout the European Economic Area (EEA).
Halo Insurance Services won Broker Innovation of the Year at the 2011 Insurance Times Awards.
Halo Insurance Services Ltd is backed by Bridges Ventures and Magenta Partners.
Contacts:
Frankly PR for iCarhireinsurance.com
Frances Knox
+44 (0)7850 470 123
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Unternehmensinformation / Kurzprofil:
Datum: 12.03.2012 - 15:00 Uhr
Sprache: Deutsch
News-ID 123840
Anzahl Zeichen: 0
contact information:
Town:
LONDON, UNITED KINGDOM
Kategorie:
Insurance
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