We will sell Car Hire Excess as an add-on on our TIF (new) policies, for certain ABTA's. As not all Travel Agents have authorisation to sell Car Hire Excess i.e. meaning, not all ABTA's will bring up this add on. You will find this listed on our TIF (new) Policy Wording as, 'Vehicle Hire Excess / Deposit Reimbursement Cover'.
Currently in use Documents
- Please see the TIF Policy Wordings for more information, under the section 'Vehicle Hire Excess / Deposit Reimbursement Cover'
- Vehicle Hire Excess / Deposit Reimbursement Cover IPID
- Car Hire Excess Reimbursement - July 2019 Brief
Who is the Underwriter for 'Vehicle Hire Excess / Deposit Reimbursement Cover?
The add-on is underwritten by AWP P&C SA and administered in the UK by Allianz Global Assistance.
What is the criteria for cover for the add-on?
- It is referred to on the TIF Policy Wording as, 'Vehicle Hire Excess / Deposit Reimbursement Cover.' Please refer to each Policy Wording for more details.
- The policy has to be in the same name as the rental agreement.
- Multiple drivers are only available on Annual TIF policies.
- They are not aged 17 or under and 86 or over at the start date of your policy was issued (they must be aged between 18 - 85 years old.)
- They must have a full driving licence and be a permanent UK resident.
- The maximum rental vehicle value is £70k.
- Rental car must be no more than 10 years old.
- Rental car must have no more than 9 seats.
- Rental car must not be driven off a Public Highway.
- Rental car must not be a motor home, campervan, commercial vehicle, minibus, motorcycle or moped.
What cover is provided for the add-on?
- Excess/ Deposit Reimbursement of £7,500 (up to a max of £10,000 per year).
- Misfuelling up to £500 per claim or equivalent in local currency (up to a max of £1,000 per year).
- Rental Vehicle Key Cover, if lost, stolen or damaged up to £500 (up to a max of £2,000 per year).
- Rental Vehicle Breakdown Recovery up to £500.