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Brits
go holiday crazy reckons major survey but Insurance4carhire.com says watch out
for excess car hire charges
5 March 2008
- 56
per cent of Brits packing travel bags four or more times a year
- Boom
in second homes in the sun pushing numbers up
- BUT
40 per cent left in the dark about car hire excess charges
BRITS
are sloping off on holiday more than ever before, a major survey* on holiday patterns
has revealed. But
the fact that we are now taking more breaks than ever means holidaymakers are
increasingly exposed to the perils of car hire excess charge penalties, warns
excess waiver insurance provider Insurance4carhire.com
More than half of UK adults - 56 per cent - are taking a break from their daily
routine four or more times a year, according to the survey. And
top of the list of reasons for taking a break is to visit our overseas property,reckons
the firm. "But
for travellers who regularly include hiring a car as part of their holiday expenses,
they could trip up if they don't check the excess penalty charge," says Insurance4carhire.com
Chief Operations Officer Larry
Ursich. An
integral part of holidays to second homes is car hire so owners can drive to their
homes from the airport, equip their property, carry out maintenance or just stock
up from the supermarket - but of those holidaymakers surveyed by
Insurance4carhire.com, nearly 40 per cent said they were left in the dark
by their car hire company about excess charges "Regular
car hire either means having to fork out around £10 a day to protect against liability
for the excess charge in the event of a claim or running the very pricey risk
of having to pick up the tab yourself - which could be as much as £500," says
Ursich. Rather
than face this onerous expense every time they travel, holidaymakers can buy one
annual policy from Insurance4carhire.com
to cover all their trips to Europe and the UK for just £49. This
protects the policyholder and additional drivers on the car rental agreement. Worldwide
cover starts at £59 and there is also a policy to cover drivers aged 75-85, meaning
no traveller is prevented from protecting themselves from the financial black
hole of car hire excess. Of the 9,000 people who responded to the
survey of UK travel habits, 56.03 per cent took four or more holidays, with just
4.43 per cent restricting themselves to just one. The rest don't stint themselves
either, with 39.54 per cent going away two or three times a year. 
"Leading
the league of most popular overseas destination were France,
Italy and
Spain, which
also feature in the nation's top five favourite places to buy property abroad**,
and with over 30 per cent of those surveyed owning property overseas, it's clear
to see why nipping out of the country is becoming increasingly commonplace." 
*
Insurance4carhire.com survey undertaken during 2007
** A Place in the Sun magazine survey, March 2008 Notes
about this Press Release Founded
in 2002 Insurance
4 Car Hire is an innovative online insurance company whose core business is
the provision of car rental Excess insurance. The business was born out of the
high costs being charged by the car rental companies for Excess cover. Insurance4carhire
strives to bring customers annual Excess insurance products offering customers
convenience, peace of mind and very significant savings when they rent cars. In
2005, for the second year running, Insurance4carhire received the accolade of
"World's Leading Innovative Ecommerce Travel Product" from The World Travel Awards.
These annual awards celebrate achievement in the travel industry and are based
on votes cast by travel industry professionals throughout Europe. To
reflect the increasingly global reach of its products, Insurance4carhire changed
underwriters to AIG UK Ltd, a member company of American International Group,
Inc., (AIG) in December 2007. AIG is one of the worlds leading insurance companies
with operations in more than 130 countries. Insurance
4 Car Hire is now part of the Towergate
Partnership the largest independently owned insurance intermediary in Europe. Source:
Insurance4carhire.com 
See
also - other Insurance4carhire.com Press Releases Insurance4carhire.com's
Best Drives in the US - January 2009 Money
saving, Peace of Mind and Top Tips from Insurance4carhire.com
this Winter - December 2008 Insurance4carhire.com
appoints Hills Balfour Synergy for PR Representation - December 2008 Don't
forget to take car hire excess insurance and travel insurance for a Christmas
or New Year break - December 2008 Drivers
Down Under Hit by biggest Car Hire Excess Charges Dont go the distance without
protection, warns INSURANCE4CARHIRE.COM - Excess charges incurred by drivers in
Australia disproportionately high compared to other motorists - June 2008 Drivers
Abroad are stumped by hefty Car Rental Excess costs, but could save £££s on the
holiday budget with an annual policy - April 2008 Confusing
car rental jargon, unclear insurance policies and excessive excess The Big 3
pitfalls that can leave you out of pocket when hiring a car on holiday, warns
Insurance4car.com - April 2008 Age
no barrier to protection for older drivers Low cost excess waiver policy helps
over 75s stay on the Road - March 2008 Brits
set to get stung this Easter with Sky-High excess insurance costs EU car rental
firms cash in on UK drivers with massive excess charges - March 2008 insurance4car
hire.com - March 2008 Brits
go holiday crazy reckons major survey but Insurance4carhire.com says watch out
for excess car hire charges - March 2008 Trusting
travelers tripped up by Holiday Car Hire pitfalls Wise up or pay up, says Innsurance4carhire.com
- March 2008 The
Great Excess Insurance rip-off - EU Car Rental firms fleece Brit drivers with
massive excess Penalties - February 2008 Towergate
Partnership announces the acquisition of Insurance 4 Car Hire Agents Ltd - January
2008 Lower
prices for car hire excess insurance from December - December 2007 Annual
Car Rental Insurance Renewal is here again - October 2007 ALSO:
Exercise your constitutional rights in the air - January 2001
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