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The Benefits of Car Hire Excess Cover

Save money and be covered for your car rental’s excess by purchasing Car Hire Insurance from AIG for as little as 14c* per day! AIG's Car Hire Insurance (Car Hire Excess) provides a reimbursement of the excess applied to your car rental agreement that is both value for money and offers you the best possible coverage.

 
Protection for Less

Protection for less

Be smart and avoid large fixed excess costs at just 14c* a day.

Complete Reassurance

Complete reassurance

Covers damage to wheels/tyres, windscreen, undercarriage and even roof!

Two Cover Options

Two cover choices

With both a daily or annual rate on offer, you can choose what works best for you.

*Price based on the daily cost for excess only annual cover to Europe, January 2016.

Get a Car Hire Insurance (Car Hire Excess) online quote today and see for yourself how we can save you money! Arranging car hire excess insurance online could not be easier. Simply click on the "Get a Quote" button and complete the questions. There's even a help feature if you are unsure of anything. Just choose the insurance cover that best meets your needs and buy online in just a few minutes!

 
 

What is Car Hire Excess?

When you are travelling and you rent a car, the hire price normally includes insurance covering you for accidents (usually listed as Collision Damage Waiver) and theft (usually listed as Loss Damage Waiver). Unfortunately you may also have to pay a large excess if the hired car is damaged or stolen. Often when you pick up the car you've hired the car rental company will offer you the option of upgrading your insurance to minimise or remove the excess cost but this is usually expensive and is normally an unexpected extra cost to your holiday. Car Hire Excess is a reimbursement policy which is designed to help you avoid these large excess costs.

What is Car Hire Excess
 
 

Why AIG Car Hire Excess?

If you are planning on renting a car on any holiday you are taking this year,
be sure to avoid harsh excess costs with AIG's Car Hire Excess insurance allowing
you to enjoy your drive abroad without worrying about the potential excess costs
of any damage done while you are taking in the foreign scenery

Free Personal Accident Cover

Free Personal Accident Coverage

Up to €40,000 cover as standard so you can avoid worry while driving abroad.

More Than One Driver

More than one driver?

No problem, we offer cover for up to 5 named drivers on the rental agreement

Well Rounded Cover

Well Rounded Cover

We've got you covered for fire, theft, vandalism, your personal items and keys.

 
 

Frequently Asked Questions

If you are hiring a car in the UK, Europe, South Africa, Australia and New Zealand, your car rental agreement should include Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW), Third Party Liability and Theft. However, usually there is an Excess on the CDW and Theft part of the rental agreement which means that you will be liable for the first portion of every claim. This Excess is likely to range from about €500 to €2,000. When you rent a car in the USA or Canada you will need Supplementary Liability Insurance (SLI) to cover losses incurred as a result of damage, fire, theft and vandalism. You will also need cover for an injury you may cause to other people. The SLI tops up your existing third party liability insurance.

Each car rental company will use different terminology and jargon. When a car is hired, Collision Damage Waiver (CDW) and Theft cover are included in the car rental price, but there is always an excess (also referred to as CDW, Non Waiver or Deductible) on the CDW and Theft portion of the car rental agreement. This amount varies according to the car rental company, the location and the size of the car and can range from €500 upwards.

Car rental companies will offer their own Excess / CDW cover at the counter when you collect the rental car. It can be expensive and generally covers you for Excess on damage and Excess on theft.

You should always read the policy that is provided by the credit card company, to check the coverage and make sure it covers the country in which you are renting the car and whether or not there is an Excess (non waiver, deductible) on the policy.

No. This insurance is not compulsory.

Yes, but there is a restriction on the maximum number of consecutive days for a single hire. For Europe cover, the maximum single hire is 31 consecutive days for any one hire and for Worldwide cover, the maximum single hire is 60 consecutive days.

Our annual Car Hire Insurance policies cover any one incident up to €4,000 and up to €5,000 in any one year. They include excess damage to the car, theft, window and tyre damage.

  • Policy holders must be aged at least 21 and under 84 years of age.
  • Rentals must not be longer than 31 continuous days (Europe cover) except for Worldwide annual policies which allow rentals of up to 60 consecutive days.
  • People carriers with 9 seats or more are not covered under this policy.
  • Our insurance policies do not travel to or through Afghanistan, Belarus, Cuba, Congo, Iran, Iraq, Ivory Coast, Lebanon, Liberia, North Korea, Myanmar, Sudan, Syria, The Balkans and Zimbabwe.

Yes, our policies cover the policyholder, who must always be the person renting the car and up to a maximum of 5 drivers who are named on the car rental agreement.

Europe is defined as: The Republic of Ireland, Northern Ireland, United Kingdom and member states of the European Union, Andorra, The Azores, Balearic Islands, Bulgaria, Bosnia, Canary Islands, Channel Islands, Croatia, Egypt, Gibraltar, Iceland, Liechtenstein, Macedonia, Madeira, Moldova, Monaco, Montenegro, Morocco, Norway, Romania, Russia, (west of the Urals), San Marino, Serbia, Switzerland, Tunisia, Turkey, Ukraine.

No. We do not cover campervans, caravans, motor bikes, vintage cars or commercial vehicles. Our Excess policies cover rental cars and people carriers with less than 9 seats and with a value up to €60,000.

Should you wish to make a claim, contact our claims department within 31 days to notify them of the loss and request a claim form. Contact details are contained in your policy document. You should then complete and submit the claim form, supported by the relevant documentation in your case.

This policy covers CDW (Collision Damage Waiver) and SLI (Supplementary Liability Insurance) in countries where car rental insurance is not included in the rental price (including in the USA, Canada and the Caribbean). It covers Excess charges in those countries where CDW/LDW is included in the rental price and Excess is charged, mainly in the UK, Europe, Australia, New Zealand, Africa and most parts of the Far East and Asia.

  • Not valid for commercial vehicles, campervans or people carriers with 9 seats or more.
  • Not valid for expensive or exotic cars (valued above €60,000) or antique cars more than 20 years old.
  • Not valid for the residents of USA, Canada, The Caribbean, South and Central America in their country of residence.
  • Rentals must not be longer than 31 consecutive days (Europe annual cover) or 60 consecutive days (Worldwide annual cover).
  • Our insurance policies do not travel to or through Afghanistan, Belarus, Cuba, Congo, Iran, Iraq, Ivory Coast, Lebanon, Liberia, North Korea, Myanmar, Sudan, Syria, The Balkans and Zimbabwe.

Personal Accident Insurance covers the renter (for the duration of the rental) in the event of their accidental death or bodily injury (coverage is 24 hours per day, in or out of the car). The renter’s passengers are also covered while entering, occupying or exiting the vehicle.

 
 

It's important to know...

Our products are available for Ireland residents only.

 

You must be 18 years or over to purchase a policy.

Collision Damage Waiver or Loss Damage Waiver may be required.

There is a restriction on the maximum number of consecutive days for a single hire. For Europe cover, the maximum single hire is 31 consecutive days for any one hire and for worldwide** cover, the maximum single hire is 60 consecutive days.

Policy Documents:

∙ Policy Summary

∙ Standard Policy Wording

∙ Terms of Business

**Our insurance policies do not travel to or through Afghanistan, Belarus, Cuba, Congo, Iran, Iraq, Ivory Coast, Lebanon, Liberia, North Korea, Myanmar, Sudan, Syria, The Balkans and Zimbabwe. Other exclusions and conditions may apply so please check the Policy Wording for details.

 
 

Do you have a question?

You can find a list of our most frequently asked questions on our FAQ section. Otherwise you can contact our Car Hire team between 9am - 5pm on 1800 344 455.

If you need help with your existing policy or are looking to renew, you can find all your relevant information on our Existing Customers page.

 
 

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*Price based on the daily cost for excess only annual cover to Europe, January 2016.