Car Rental Insurance Renewal is here again
19th October 2007
October 2004 Philip Suter of JML Insurance and his wife read
an article in a Saturday national newspaper about the benefits
of taking out an annual
car rental excess policy.
rented cars at least half a dozen times a year and noticed
how they were usually told that if the car was damaged there
would be a large amount of money to pay and that was not included
in the car rental standard insurance.
not wanting to have an additional worry they paid for additional
insurance cover. They had never had a problem when renting
a car apart from the time they used a low cost company who
claimed the standard small Mercedes that was provided throughout
that company's fleet had damage.
that particular time a lot of people were invoiced for "alleged
damage" and following a BBC television consumer programme
the "alleged damage" deductions were refunded.
incident and the fact that when you arrived at an airport
to collect the car you were persuaded to part for non-budgeted
income made this new product look interesting.
would cost around £50 each for European cover and renting
a car several times a year would make it great value. Car
rental companies would normally charge insurance excess by
the day so even if you rented twice a year, the bill soon
Suter contacted the founder of insurance4carhire.com Larry
Ursich, who had founded the company two years earlier in 2002.
Larry had run his own car rental booking company for 10 years
or so and noting the high costs being charged by the car rental
companies for Excess cover, decided to develop a better alternative.
this time jml-property-insurance.co.uk
were selling a lot of
HomeLet landlords and tenants property rental insurance
policies and this alternative looked very interesting. Larry
appointed jml Insurance as web agency and since then thousands
of these policies have been sold to jml insurance and jml
villas.com clients. Insurance4 car hire also cover North America
and offer worldwide policies and two European renewal policies
have just been sold to Philip Suter and his wife as the October
termination notifications have been received.
insurance.co.uk also offers other products from the husband
and wife team of Larry and Maureen Ursich. "They keep on finding
interesting non standard insurance products" says Philip.
These include Second Home Emergency Travel Insurance, Motor
Insurance Premium Reduction insurance and Car Key Insurance
- it can cost over £400 to get a new set of car keys! It would
interesting to see what products they develop next
is part of jml
Property Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based company that was
established in 1979. jml insurance acts as an introducer for
insurance companies selling property insurance including landlord
and tenant rental products, pet insurance, wedding insurance,
motor insurance, car hire excess insurance, travel insurance
and non standard insurance products. Originally for rental
property insurance in 2002 with products like HomeLet and
Letsure, other specialist products like car rental excess
insurance from insurance4carhire.com were soon added. Today
there is a very large selection of products including specialist
providers for ex-offenders, overseas property insurance, business
maternity cover etc. They also operate jmlvillas.com
an online marketing service for owners of holiday home property
to advertise and are part of the
jml Group that includes jml
Training and Consultancy. Philip
Suter has been involved in the letting business in the
south of England for over 30 years.
jml Property Services October 2007
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