Insurance
December 17th, 2009
Are you planning to rent a car to take out for the weekend trip with your family?
Well if you are doing so, be prepared to come face to face with a rude shock- you might have to pay almost half the value of the car’s present worth as a cash excess to the car rental agency. This excess would be returned back to you once you have brought the car back, but this is a sizeable amount of money and arranging it at the last moment can be a tough task. To cover such possibilities, a number of insurance firms have launched lucrative car hire insurance policies such as car hire excess insurance policy, according to which, you will be liable to availing the excess amount from your company on an annual basis.