EU car hire excess insurance from Status Global Insurance
Status Global Insurance (SGI) in the UK has partnered with Voyager Insurance to launch new car hire excess cover. “Travel insurance and hiring a car go hand-in-hand, so being able to offer car hire excess insurance to our travel insurance customers was a logical progression,” commented Paul O’Sullivan, director at SGI. The policy is offered as a single-trip or annual multi-trip option with £5,000 excess reimbursement, £500 key cover, £1,000 carjacking cover and £10,000 personal accident cover. “It is unfortunate that so many people are unaware of the potential costs they can incur if their rental car is damaged or stolen, said O’Sullivan. “Even when it’s not their fault, they will usually still be liable for the excess the hire car company has to pay out to their car insurance company, or pay a high daily waiver charge, which can be very expensive. This is where car hire excess insurance comes in.” This is the second recent complimentary product from SGI, who brought out a golf insurance product with worldwide cover as standard in early 2015.
Status Global Insurance (SGI) in the UK has partnered with Voyager Insurance to launch new car hire excess cover. “Travel insurance and hiring a car go hand-in-hand, so being able to offer car hire excess insurance to our travel insurance customers was a logical progression,” commented Paul O’Sullivan, director at SGI. The policy is offered as a single-trip or annual multi-trip option with £5,000 excess reimbursement, £500 key cover, £1,000 carjacking cover and £10,000 personal accident cover. “It is unfortunate that so many people are unaware of the potential costs they can incur if their rental car is damaged or stolen, said O’Sullivan. “Even when it’s not their fault, they will usually still be liable for the excess the hire car company has to pay out to their car insurance company, or pay a high daily waiver charge, which can be very expensive. This is where car hire excess insurance comes in.” This is the second recent complimentary product from SGI, who brought out a golf insurance product with worldwide cover as standard in early 2015.