5 ms·

Dont buy comprehensive insurance top up cover from the car hire company. Use a third party insurer. e.g. insurance4carhire.com Same price for a year of 'super c

by willyt 9y ago

Dont buy comprehensive insurance top up cover from the car hire company. Use a third party insurer. e.g. insurance4carhire.com Same price for a year of 'super cover' as for about 4 days cover from the car hire company.

pjmlp 9y ago
I doubt any of the car dealers here work with such type of companies, and in any case I usually don't thrush they would properly handle the case when called to act upon.
- barrkel 9y ago
  Surely that's anti-competitive behaviour; it's not up to the car rental to choose whether or not they deal with your insurers. In fact they deal with you (as if you weren't insured), and you claim from your excess insurance. See e.g. http://www.telegraph.co.uk/finance/personalfinance/insurance/motorinsurance/11026566/Why-Ill-never-buy-car-hire-insurance-again.html http://www.telegraph.co.uk/finance/personalfinance/insurance...
  - pjmlp 9y ago
    In Germany you cannot rent a car without insurance from the dealer, there is no way for them to deal with us as if we hadn't one.
    - willyt 9y ago
      The car hire company never knows that you have it because the insurance you take out is for the excess only, not the full legally required car insurance. Most hire cars come with a basic insurance included in the cost, but with a massive excess charge if you damage the car. When you hire the car you accept the massive €2000 (or whatever) excess. If you need to make a claim, you reclaim the cost of the excess from the third party insurer and pay this to the car hire company. The third party insurance costs ~€40 per year. This is a much cheaper way of reducing your excess to a manageable amount than taking out the €15/day 'super cover' option from the car hire company. EDIT: The car hire companies make a massive profit on the 'super cover' optional insurance. If you are worried about the provenance of a financial services company, there are usually national regulators who maintain registers of companies that have to abide by certain standards. You should check that an insurer is on this register before taking out a policy, as well as checking to see if there are a lot of complaints about them on the internet.
      - pjmlp 9y ago
        Thanks, I will need to research into it.

by willyt 9y ago

pjmlp 9y ago

I doubt any of the car dealers here work with such type of companies, and in any case I usually don't thrush they would properly handle the case when called to act upon.

barrkel 9y ago
Surely that's anti-competitive behaviour; it's not up to the car rental to choose whether or not they deal with your insurers. In fact they deal with you (as if you weren't insured), and you claim from your excess insurance. See e.g. http://www.telegraph.co.uk/finance/personalfinance/insurance/motorinsurance/11026566/Why-Ill-never-buy-car-hire-insurance-again.html http://www.telegraph.co.uk/finance/personalfinance/insurance...
- pjmlp 9y ago
  In Germany you cannot rent a car without insurance from the dealer, there is no way for them to deal with us as if we hadn't one.
  - willyt 9y ago
    The car hire company never knows that you have it because the insurance you take out is for the excess only, not the full legally required car insurance. Most hire cars come with a basic insurance included in the cost, but with a massive excess charge if you damage the car. When you hire the car you accept the massive €2000 (or whatever) excess. If you need to make a claim, you reclaim the cost of the excess from the third party insurer and pay this to the car hire company. The third party insurance costs ~€40 per year. This is a much cheaper way of reducing your excess to a manageable amount than taking out the €15/day 'super cover' option from the car hire company. EDIT: The car hire companies make a massive profit on the 'super cover' optional insurance. If you are worried about the provenance of a financial services company, there are usually national regulators who maintain registers of companies that have to abide by certain standards. You should check that an insurer is on this register before taking out a policy, as well as checking to see if there are a lot of complaints about them on the internet.
    - pjmlp 9y ago
      Thanks, I will need to research into it.