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insurance4car
hire.com - The Observer compares costs March 2008
March 2008
Huma
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 9th March.
The
article was entitled "An answer to the excesses of car hire
firms" wrote that Insurance4carhire.com,
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.
Larry
Ursich who
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"
The
article 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.
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 + Blog notes
Renting
a car close to home, can I buy car hire excess insurance?
Blog July 09
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 – Don’t
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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for car hire excess insurance?
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