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Collision damage waiver (CDW)ĬDW insurance, providing cover in the event of damage or theft of the vehicle, is usually included as standard if you are hiring a car in Europe or Australasia.
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You can also see which companies are best at explaining these extra charges in our car hire company comparison. Here are some of the commonly used terms relating to car hire insurance. Car hire insurance jargon busterĬar hire customers are regularly falling foul of unexpected and unclear contract terms. We calculated the policy scores by rating the 16 most important elements of the policy, including tyres, windscreen and underbody cover, flat battery cover, admin charges, car jacking, towing cover, personal accident cover and more.
#Private hire vehicle insurance full
Show full table How we rate policy stores Pre-authorisations can be as high as €2,500 with some of the budget operators. The only real advantage of paying the car hire company for SCDW is that the company will not require a large pre-authorisation on your credit card. None of the car-hire companies cover all of this. They also cover you if you're locked out, put the wrong fuel in the car, or are forced to cut short your hire. Not only does SCDW cost £89 more on average than third party cover, but it also offers less comprehensive cover.Īll of the top ERI providers cover you for damage to the windscreen, tyres and underbody of the car. Our research shows it's just not worth buying your insurance from the car hire provider. We got quotes for the most comprehensive policy available. The SCDW covers a week’s rental in Spain. Our table below shows quotes we obtained from a selection of major car hire companies. This cover has many different names, including Excess Waiver, Super Cover and Excess Protection. Show full table Super Collision Damage WaiverĬar hire companies sell SCDW, allowing you to reduce your excess to a very small amount, often zero. We've provided links to those companies with a score of 70% or higher. But which of the many third party ERI policies should you buy? Our table rates the best and worst policies available. This is normally far cheaper, and often more comprehensive than the cover offered by car hire companies, for example covering damage to windscreens and tyres.
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Many people choose to buy an excess insurance (ERI) policy from a third party insurer. It is almost always over-priced and offers comparatively poor cover. SCDW reduces the excess (often down to zero) that you will have to pay in the event of damage. This is usually called Super Collision Damage Waiver (SCDW) and can be purchased at the rental desk.
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When you hire a car, it usually comes with basic insurance included in the price so that you won’t have to pay the full cost of replacing a stolen or damaged vehicle.īut the basic insurance is subject to an ‘excess’ meaning that you could have to pay a contribution of up to £2,000 towards repair or theft costs, regardless of who is at fault.