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Daily Insurance Industry News
Monday 19th of February 2018
February 6, 2009

JML launches car hire excess insurance website

by Gill Montia

Story link: JML launches car hire excess insurance website

Online broker JML Insurance has launched a new website offering car hire excess insurance.

Car hire companies frequently sell insurance with higher than usual excess charges, which can come as a nasty shock to motorists involved in accidents.

Rental agreements normally include cover for collision damage and theft and excesses generally apply to both.

In the Eurozone in particular drivers making a claim have been charged excesses of up to £1,000 by rental providers, many of which operate in popular holiday and second home destinations.

In addition, it is commonplace for the insurance supplied by car rental businesses to exclude damage to a vehicle’s undercarriage, tyres and windows.

Rental companies do offer excess insurance but this is likely to be at a higher premium than can be obtained from a specialist provider.

JML’s new site provides links to insurance4carhire and Questor Insurance Services, both of which are well established in the car hire excess insurance market.

The firm says it is keen to hear from other companies offering the insurance as it hopes to expand its panel.

 

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