Australia's first standalone car rental excess insurance company has launched its latest insurance policy upgrade
and new site to boot. Now Tripcover's policies cover windscreens, tyres & wheels, undecarriage, overhead damage and single vehicle accidents. Having no exclusions other than standard wear and tare, their car rental excess policies are removing a lot of the guess work that has been involved when car rental cusotmers are deciding what to do about their expensive excess liability.
What is Car Rental Excess Cover?
You know the sinking feeling when you roll up to the car rental company's desk and they remind you of the $4000 to $6000 liability if you have an accident. At the same time the rental company will offer to reduce this liabilty by selling their Collision Damage Waiver (CDW) that can end up costing as much as the rental car itself. Up till now frustrated customers have been buying travel insurance to try get around this problem but travel insurance has its own limitions, only covering the standard CDW that the rental companies offer which usually does not include windscreens, tyres & wheels, undercarriage and overhead damage. So the new Tripcover policies fill this gap at around the same price of travel insurance.
Where Can I Get it?
Tripcover's car rental excess insurance is available 24/7 online and available on your mobile device with a mobile site and apps for iPhone and Android. You can also call the call centre on 1300 725 154.
Tripcover is managed by Allianz Global Assistance, is underwritten by Allianz and has been selling car rental excess cover for over 2 and a half years. They have a domestic and international policy and also have a New Zealand website. Policies start from $9.30 per days and reduces down to $5.51 per day over 15 days. See a very interesting article on the Choice Magazine website Hire Car Excess on Tripcover and comparing various options for customers.
Tripcover’s cause is to offer car rental customers the peace of mind that comes with having their car rental excess covered and not costing an arm and a leg.
Working with Allianz Global Assistance, we have used our combined experience in the travel insurance sector and car rental industry, to produce this car rental excess cover for the Australian market.