Money Holidaymakers face rising excess costs on rental cars this summer - report

19:45  15 july  2017
19:45  15 july  2017 Source:   Press Association

How to cut down your car insurance costs

  How to cut down your car insurance costs For many drivers, car insurance is one of the biggest expenses they have to face. In the UK, the average car insurance policy already costs around £700 and is said to go up even higher from June 2017 on, which is a lot of money to spend each year.It goes without saying, then, that many drivers are actively looking for ways to cut down their insurance, preferably without having to minimise their amount of cover. To help in this objective, here are 5 effective ways to cut down on car insurance costs.

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Travellers hiring cars in Europe face escalating excess charges of up to £1500*1, if the vehicle is stolen or they have an accident, and feel rental companies try to scare For example hiring a compact car in Tenerife for a week*2 this summer with Hertz costs £108.77, then customers can either pay

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Holidaymakers are facing spiralling costs of up to almost £2,200 if they damage a rental car while overseas, according to a report.

Maximum excess charges at some of the major hire car firms in Europe have swelled more than 40% in the last year, a study, reported in the Daily Mail, found.

The analysis, by iCarhireinsurance.com, examined six companies at Barcelona in Spain, Crete in Greece, Faro in Portugal and Nice in France. 

On average, their maximum excess fees - the highest amount a driver could pay if they make a damages claim on insurance - stands at £1,095.

How to cut down your car insurance costs

  How to cut down your car insurance costs For many drivers, car insurance is one of the biggest expenses they have to face. In the UK, the average car insurance policy already costs around £700 and is said to go up even higher from June 2017 on, which is a lot of money to spend each year.It goes without saying, then, that many drivers are actively looking for ways to cut down their insurance, preferably without having to minimise their amount of cover. To help in this objective, here are 5 effective ways to cut down on car insurance costs.

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According to the newspaper, this has inflated by £108 since three years ago.

Charges peaked at Faro airport, where rental company Budget asked for up to £2,188 in excess costs, a rise from £1,538 the previous year, the report said.

It calculated the cost difference based on the maximum excess charge to hire a Volkswagen in the first week of August.

During this time, hiring a Volkswagen Golf from Avis at Nice airport costs up to £1,101 in excess - a significant escalation on the £800 asked for the previous summer.

Costs varied for the same car from the same company in different cities, it was found.

To hire a VW from Enterprise in Crete during the first week of August, it costs a maximum of £593 in excess, but £1,000 in Faro. 

In other areas, however, maximum prices have dipped since last year - with both Avis and Budget capping their excess to hire a VW in Crete and Barcelona respectively during the first week of August.

How to cut down your car insurance costs

  How to cut down your car insurance costs For many drivers, car insurance is one of the biggest expenses they have to face. In the UK, the average car insurance policy already costs around £700 and is said to go up even higher from June 2017 on, which is a lot of money to spend each year.It goes without saying, then, that many drivers are actively looking for ways to cut down their insurance, preferably without having to minimise their amount of cover. To help in this objective, here are 5 effective ways to cut down on car insurance costs.

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Holidaymakers hiring cars in Europe face excess charges of up to £1,186 if the vehicle is stolen or they have an accident during their trip. Car rental costs also doubled in other popular holiday spots when extras were added, including in Spain's Costa Blanca, Tenerife, Mallorca, Larnaca, in Cyprus

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