hire.com - The Observer compares costs March 2008
Qureshi who is a personal finance and property writer for The
Observer and who recently won the most promising newcomer award from the British
Insurance Broker's Association wrote an article in The Observer on Sunday
article was entitled "An answer to the excesses of car hire firms" wrote that
a specialist insurer, says there has been a significant increase in the number
of over-75s hiring cars abroad. 'With 75 being the new 65, growing numbers of
older travellers are determined to continue driving as part of their holiday,'
says Larry Ursich, a spokesman for the online insurer. 'But senior citizens are
often on a restricted bud When you hire a car in the UK or Europe, the quoted
price will include fully comprehensive insurance for any named drivers. When you
pick up the car, you can be charged extra for voluntary protection to reduce the
excess payable in the event of a collision. For overseas rentals, that excess
charge is much higher - it can be as much as £1,000, compared with around £500
on rentals in the UK.
established insurance4carhire.com in 2002 went on to say "'Drivers can be liable
for as much as £1,000 should the car suffer any kind of damage or be stolen"
went onto advise that" When The Observer called Avis to hire a car for five days
in Bordeaux, we were offered a Renault Clio for £192.84 with unlimited mileage
and a £750 excess. Avis's voluntary excess cover was around £10 (€12.50) a day
(an extra £50) - more than double the daily charge from Insurance4carhire" In
December 2007 Insurance4carhire was acquired by the Towergate Partnership, the
largest independently owned insurance intermediary in Europe. Insurance4carhire.com
is a trading name of Towergate Underwriting Group Ltd which is authorised and
regulated by the Financial Services Authority.
about this Press Release
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.
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.
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.
4 Car Hire is now part of the Towergate
Partnership the largest independently owned insurance intermediary in Europe.
a van in the UK/Europe and looking for van hire excess insurance from insuremyvan.com?
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