Renting a car very soon! Can someone help explain what is this excess insurance for? Hello! I am very very new to the rental vehicle, but I will soon hire a car in New Zealand. When I asked for an estimate, they offered me a price between $ 75 - $ 95 per day and that the vehicle comes with a standard daily insurance as part of the daily rate. However most states car hire firms that there is an excess of $ 1,000 Standard - $ 1,700 including GST. And most said, but that amount may be reduced to $ 150 - $ 250 for the additional cost of $ 8 - $ 11 per day. What this excess standard? Is it insurance? Is it normal to pay for it?
Check the laws in the area that you rent. Most of the time the insurance option, but you do need. I have a rider on my auto ins to cover the cars I rent. $ 40.00 per year. Plus some credit cards give you coverage if you use their card. (Visa)
The cost of ins is often more than the rate for the car.
Posted on March 25, 2010.
