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DriveAway Hire Car Excess Insurance

What is Insurance Excess?

Rental rates include basic insurance – Collision Damage Waiver Insurance (CDW), Third Party Liability and Theft Protection (TP). In the event that a rental vehicle is stolen or accidently damaged (whether the driver is at fault or not), the Insurance Excess is the maximum amount the renter is liable for.

The cost varies depending on the supplier, country and vehicle type e.g. in France the excess can range from EUR500-1300. Additional insurance to reduce the excess is optional and can be purchased direct from the supplier when picking up your car. Alternatively, DriveAway Holidays offers insurance at the time of booking to cover any damage and theft excess charges up to AUD5,000. It may also be included in your travel insurance, so check your policy before you leave.

What is DriveAway Hire Car Excess Insurance?

DriveAway Hire Car Excess Insurance is an optional pre-paid product offered by DriveAway Holidays to refund the excess amount charged by the car rental supplier. It provides you with hassle free extra cover when renting a car.

For less than AUD8 per day, you will be covered for the supplier’s damage and theft excess costs incurred locally. Should the local supplier charge you the excess amount on the vehicle, you may claim up to AUD5,000 through DriveAway Holidays when you return to Australia.

What does it cost?

Benefits to you:

• DriveAway Hire Car Excess Insurance is prepaid in Australian Dollars so you don’t have to worry about currency fluctuations.
• DriveAway Holidays will refund the supplier’s damage and theft excess charges up to the value of AUD5,000.
• No language or processing obstacles as you make your claim in Australia.
• Best of all, DriveAway Hire Car Excess Insurance is economical and can save you money! Have a look at the cost comparison table below.

Cost Comparison in the event of an incident:

Click here for Frequently Asked Questions about DriveAway Hire Car Excess Insurance.

Terms and Conditions

Information: Any information previously provided to you on DriveAway Hire Car Excess Insurance is only a summary of the benefits, please read the following carefully and seek clarification if you do not understand any points.

Financial Services Guide: The insurance policy has been arranged by Scott & Broad Pty Ltd AFSL 237827. We recommend you read the Financial Services Guide which was provided with your quotation. You can also view a copy here.

Scott & Broad: Any advice by Scott & Broad is of a general nature as your current objectives, financial situation or needs have not been considered.

Product Disclosure Statement: The DriveAway Hire Car Excess Insurance is managed by Accident & Health International Underwriting Pty Limited, ABN 26 053 335 952, AFSL 238261 and underwritten by CGU Insurance Limited, ABN 27 004 478 371, AFSL 238291. We recommend you read the Product Disclosure Statement which was provided with your quotation. You can also view a copy here.

To Make A Claim : You must complete the following claim form and provide the documentation listed below to DriveAway Holidays.

• Rental Agreement with the drivers name matching that of the DriveAway Voucher.
• A completed claim form - click here.
• A police report (if applicable).
• An accident report or theft report from the car rental supplier (if applicable).
• A receipt of the excess being charged by the supplier and a copy of the clients credit card.

Click here for additional Terms & Conditions about DriveAway Hire Car Excess Insurance.

Issued: 23 June 2011.