Alianz Assistance

Car Hire Excess Insurance

What is Car Hire Excess Insurance?

Renting a car can prove to be a very convenient service when abroad. However, you have to be wary, as there are some hidden fees that you may not know about such as car hire excess (also known as Collision Damage Waiver - CDW).

Car hire excess insurance (sometimes referred to as Collision Damage Excess Waiver Insurance or CDEW) is a safety net to these hidden fees. More often than not, when taking out a normal car hire insurance policy, it will also include a Collision Damage Waiver Insurance (CDW). Whilst this is perfectly fine and true , you should be aware that if the hire car is stolen or damaged, you will more likely than not be held liable to pay the excess.

This may not sound too bad; however with the excess fees ranging from £200 to £2,000, it could potentially be an eye watering payment. In order to put a stop to these unexpected payments, here at Allianz Global Assistance, we’re pleased to say that we’ve launched our stand alone Car Hire Excess Insurance to help give you peace of mind when hiring a car abroad. Our policy is available for drivers aged between 21-74 years of age, renting a car outside the UK for up to 91 days.

The way our product works is fairly straightforward. When taking out a standard car hire insurance policy, your rental company will secure the vehicle excess against your credit card, and will then deduct this fee in the case of an accident/damage. This is the excess that will be reimbursed by Allianz Global Assistance in the event of a claim.

Having to reach into your pocket for a cost that you haven’t planned on for whatever reason can prove to be extremely frustrating. By taking out a car hire excess insurance policy from Allianz Global Assistance, you’ll be able to drive your rental car without fear of unwanted costs.

What does Allianz Car Hire Excess Insurance cover?

  • Accidental damage excess reimbursement
    The excess/loss of deposit applied to claims made on your hire vehicle collision damage waiver insurance policy
  • Personal possessions
    Items stolen while out of sight in your locked hire vehicle
  • Rental vehicle key cover
    Replacing lost, stolen or damaged keys to the hire vehicle
  • Price starting from £2.99 per day
  • Annual cover for just £55.00. (Maximum car hire duration of 91 days)

Terms, conditions and exclusions apply

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Key Features of our Car Hire Excess Insurance

  • Accidental damage or theft excess reimbursement up to £2,000 per claim
  • Rental car key cover up to £500 per claim
  • Available to drivers aged 21 and over


The vehicle must:

  • Be no more than 10 years old
  • Have no more than nine seats
  • Not be driven off a Public Highway
  • Not be a motor home, campervan, commercial vehicle, minibus, motorcycle, or moped
  • Have a retail purchase price of less than £70,000

Please check the Car Hire Excess Insurance Policy Document for full details on this cover. You can also check the summary of cover with the IPID (Insurance Product Information Document).

Travelling abroad and don’t have Travel Insurance yet?

If you would also like to protect your trip with a Travel Insurance you can include our Collision Damage Waiver Excess Insurance (CDW) add-on into your policy.