Collision Damage Waiver Insurance

Information collated by

Car Hire Charges

PROTECT YOURSELF AGAINST EXCESS CHARGES are working with Insurance4carhire and Daily Excess to help protect you against insurance charges worldwide. Most car rental companies charge an Excess when you have an accident – sometimes as high as £1,000. Often they will offer to sell you their own Excess insurance, but buying over the counter can cost you up to £15 per day. Policies from Insurance 4 Car hire and Daily Excess start at only £5.25 per day and £49.99 for an annual policy and offer you full protection. What’s more, cover is provided for window and tyre damage, excluded from most alternative policies.

Collision Damage Waiver


Insurance 4 Car hire and Daily Excess insure the Policy Holder, not the rental vehicle. Excess is a voluntary insurance. Decline the car rental company’s Excess cover at the counter when you collect the car. If the car is damaged or stolen, the car rental company will charge your credit card for the Excess amount and you then claim for reimbursement on your Policy from Insurance 4 Car hire and Daily Excess.
Drivers between the ages of 21-85 years of age are eligible for this insurance


When a car is hired in the UK, Ireland, Europe, Africa, New Zealand, Australia, and most of the Middle and Far East, CDW (Collision Damage Waiver), Theft and Third Party Liability are generally included in the car rental price. There is almost always an Excess (also referred to as Super CDW, Non Waiver or Deductible) on the CDW and Theft portions of the rental. The Excess can range from about £500 to £1,600.

This means that in the event of theft or damage to the rental vehicle, the renter must pay the first portion of the cost, i.e. the Excess, to the car rental company.


When a car is hired in the USA, Canada, the Caribbean, Central & and South America, the renter has the choice of taking a rental that is inclusive, or exclusive, of insurance. The insurance that is required is: CDW (Collision Damage Waiver) / LDW (Loss Damage Waiver) - covering damage, theft and loss of use of the rental vehicle, and Supplemental Liability Insurance (SLI) - covering Third Party.

Excess is just starting to be charged in the USA, it is sometimes charged in Canada, and it is generally charged in the Caribbean, Central and South America.

This website is operated by - 123holiday is an authorised affiliate of, any insurance purchased via a click through from this page will be sold by Insurance4carhire a trading name of Towergate Underwriting Group Ltd which is authorised and regulated by the Financial Services Authority