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36% of car hires wasting almost £100 on expensive excess cover  

Over a third of car hirers (36%) buy an excess waiver policy from the rental car company, despite it costing up to 70% more than a specialist insurance policy bought in the UK.  These policies protect hirers against the first part of an insurance claim if the vehicle is damaged or stolen (even if it's not the renter's fault) which can be as high as £1200. 

According to the new YouGov survey, commissioned by, the leading provider of specialist car hire excess insurance, 42% of car hirers said excess waiver policies from car hire companies were a "rip off", but 22% have felt pressurised to buy it which is not surprising when counter staff are usually on hefty commissions to sell these policies.  

The average cost for a week's car hire excess insurance, across five destinations in Europe this summer*, was almost £90 rising to £123 if renting in Barcelona, £105 if renting in Tenerife and £96 in Faro.  The most expensive excess insurance in the study was charged by Europcar in Barcelona who quoted £152 for a week’s cover.   

A policy from a specialist insurance provider like starts from £2.99 a day for Europe or £37.99 for an annual policy and includes vulnerable parts of the car which are frequently excluded from rental company policies.   

"Excess insurance is the bug bear of many people's car hire experience," said Ernesto Suarez, founder and CEO of "Travellers arrive at their destination desperate to get going again only to face the hard sell at the rental desk.  Plan your car hire as you would the rest of your holiday. Search online for the best standalone excess insurance policy and this frustrating and costly exchange at the rental desk can be a dim memory."  

Travellers using a car hire excess policy, like’s, will need to leave a credit card deposit with the car hire company. If the deposit is withheld then the customer claims re-imbursement from their stand-alone excess policy. In the case of, this process usually takes less than 14 days.

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