If you've been looking into Insurance for Car Hire Excess you will no doubt have come across a lot of Car Hire Excess Jargon you don't quite understand. To help you figure out what Car Hire Excess is all about we have explained the most common terms below in normal language!
Insurance for Car Hire Excess
Excess Reimbursement Insurance? Loss Damage Waiver? Collision Damage Waiver? Have you encountered these phrases when researching insurance for car hire excess? Do they slightly confuse you? Do you just want to make sure your car insurance covers you and your family for all every eventuality? Here at Essential Travel we want to help you understand Car Hire Excess Insurance so we've explained the most common scary phrases in an easy way to help you out.
Excess Reimbursement Insurance (ERI) means if your car is damaged during the hire period this insurance will refund any excess you are charged by the rental company. This is applicable to rentals in the UK and Europe
Loss Damage Waiver (LDW) is the same as the above only it is mainly applicable in the USA. LDW will refund any excesses you have paid if your vehicle suffers any physical damage or loss such as theft, fire damage or vandalism
Collision Damage Waiver (CDW) is sometimes confusingly also known as the above LDW and may or may not come included in the rental price of a hired car. Basically it covers some damage to your vehicle but may not always cover you for fire, theft or damage to the tyres and windscreen of the car. LDW is a more comprehensive level of cover
Lock Out Cover will protect you if find yourself locked out of your hire car by covering the costs for a locksmith to be called out
Car Hire Excess Waiver Insurance
We hope that the above definitions have helped you understand Car hire Excess Waiver Insurance a bit more. If you have any other questions about Car Hire Excess Insurance then please do not hesitate to contact us.