Car Rental Excess Cover

Car Rental Excess Coverage

Protect Yourself with Car Rental Excess Cover

Hiring a car during your Canadian working holiday is a great way to explore the country’s scenic landscapes, from the Rockies to the Maritimes. However, unexpected accidents or damages to your rental car can result in hefty out-of-pocket expenses. That’s where car rental excess insurance comes in, covering the excess amount charged by car rental companies in the event of an accident, theft, or damage.

What Does Car Rental Excess Insurance Cover?

  • Damage to the Rental Car: Covers repair costs if the rental car is damaged during your hire period.
  • Theft of the Vehicle: Protects you financially if the rental car is stolen while in your possession.
  • Excess Charges: Reimburses the excess amount charged by the rental company, up to the policy limits.
  • Accidental Damage: Includes coverage for windscreen, tyres, and undercarriage damage—areas often excluded from standard rental agreements.

Why Is Car Rental Excess Insurance Important?

Without this coverage, you could face costs of up to $4,000 or more for accidents or damages, even if it’s not your fault. Car rental companies typically hold you responsible for the excess amount specified in your rental agreement. With our IEC insurance policy, you’re protected against these unforeseen costs, giving you peace of mind as you explore Canada.

Frequently Asked Questions

Car rental excess is the amount you’re liable to pay in case of an accident or damage to the rental car. Coverage ensures you’re not out of pocket for expensive repairs or theft costs.

Yes, our car rental excess insurance applies to most licensed rental companies in Canada. Always check the terms of your agreement to confirm eligibility.

Yes, windscreen, tyre, and undercarriage damage are included in this coverage, as these are common exclusions in standard car rental agreements.

Our policy reimburses excess costs up to a pre-set limit. Please refer to your Product Disclosure Statement (PDS) for specific details.