Half Term Skiers Beware Excess Charges on Car Hire

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Anyone thinking of taking a ski break this winter with car hire should look carefully at the small print as exclusions on insurance cover policies offered by many car rental companies can prove extremely expensive if any damage is caused to the vehicle.

• Many Excess Insurance Policies bought from car hire firms exclude cover for windscreens, tyres and underbody damage • Excess charges more likely to occur with winter car hire on snow affected roads • Compare car hire excess insurance prices online before booking car hire Wednesday 26th January, 2011: The UK’s leading specialists in car hire insurance, moneymaxim.co.uk, is warning half term skiers if they want to protect their cash to look carefully to see what they are and aren’t covered for when hiring a car this winter. Anyone thinking of taking a ski break this winter with car hire should look carefully at the small print as exclusions on insurance cover policies offered by many car rental companies can prove extremely expensive if any damage is caused to the vehicle. For example one of the most common insurance claims made each year is for car windscreen damage, which typically costs in the region of £350 to repair*, but many excess policies – bought from car rental desks at airports - do not include cover for windscreen damage. At this time of year in ski locations, with grit on the roads, and road surfaces at their most dangerous, claims for windscreens and chipped paint are far more likely to occur. Mark Bower, Managing Director of moneymaxim explains; “Not only is excess car hire insurance from car rental firms very overpriced - sometimes eclipsing the charge of the car hire itself - but many policies exclude a number of potential areas of claim, such as chipped or cracked windows, broken mirrors, or tyre or wheel damage. “Cracked windows, clipped wing mirrors and wheel damage are far more likely to occur in winter conditions, too, something that could leave many skiers and snowboarders facing a hefty charge in excess charges when they return the car after their trip.” This is the first winter season moneymaxim’s car hire insurance comparison service has been available and anyone looking to hire a car this year should visit the website to make real savings on the cost of their car hire insurance. Continues Bower; “The car hire excess insurance market has become even more confused this year than ever before, but a canny booker can find high quality car hire insurance in a couple of minutes for less than £2 a day using the our comparison service.” Moneymaxim is currently offering both exclusive price reductions and free periods of insurance in the run up to half term and many of the insurers on the moneymaxim car hire insurance search engine have held off implementing increases in Insurance Premium Tax, too, making it even more sensible to book car hire insurance now with a start date later in the year. Compare car hire insurance costs at: http://www.moneymaxim.co.uk/compare-car-hire-excess-insurance Notes *Source: Questor Insurance Quotations can be accessed at www.moneymaxim.co.uk Mark Bower is available for interview. Case studies of winter travellers who have benefited from purchasing car hire insurance via moneymaxim’s service are available. Contact Dale Lovell on 01753 859 588. Email: dlovell@searchnewsmedia.co.uk Home to the UK’s only car hire insurance comparison service, since launch in April 2010, the moneymaxim search engine has won considerable praise from journalists to date - including the Guardian, Good House Keeping, News of the World, Daily Mail - and consumers alike. The website was featured by money saving expert Martin Lewis online and on GMTV as a recommended destination for anyone looking to save money on car hire.

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