Optional Rental Car Insurance Cover Provides Big Benefits to Travel Insurance Clients

BANGKOK - Nov. 7, 2013 - PRLog -- “The option of adding rental car insurance cover to ClickTravelCover internationally available single trip and annual multi trip policies has the potential to save some business and leisure travellers a great deal of money”

For many business and leisure travelers, hiring a rental car is an important part of their travel plans.

For those experienced in hiring a car in most locations around the world, a standard booking is likely to be subject to the terms that the first US$2,000 or more – sometimes as much as the first US$5,000 of any damage that occurs to the car during the period of hire is not covered, and this has to be paid by the person renting the vehicle typically whether they are at fault or not.

Of course, as the frequent traveler knows, this is the point where the car hire company will come to the traveler’s rescue with a fantastic offer ‘of course if you don’t want to risk this amount, we can provide you with rental car insurance cover that will cut down your liability to just US$250’ or a similar figure.

‘How much?’ you ask, and the answer will be something like ‘just $25 a day’ or a similar amount that doesn’t seem that bad by the day. Of course you are a bit disoriented after a long flight and change of time zones, you’ve been waiting to be served for some time and really just want to get in the car and get out of that place – and you are probably working in a different currency than you are used to – so most people in these circumstances simply sign – what other options are there?

Make no mistake – car rental companies focus on this as a major revenue source, and it’s not unheard of for rental car companies to insist on alternative security if you don’t accept their additional cover – which could mean ‘blocking’ a significant amount on your credit card, particularly for younger renters. In one case recently, it took nearly a month before a well-known US rental car company released their charge over the credit card of a young Australian woman – well past the return of the vehicle in good condition.

This strategy is the same that hotels use by placing a mini bar in your room – the cost of a juice or chocolate bar may be 3, 4 or 5 times the cost of you going out to a nearby convenience store, but they are banking on you being a captive audience, and willing to pay what they ask because you don’t really have any viable alternative.

But there IS a very attractive alternative - and by planning ahead and taking advantage of the optional rental car insurance cover that is available on both ClickTravelCover single trip and annual multi-trip plans, travelers who use rental cars regularly could literally save thousands of dollars over a period of a few years.

ClickTravelCover optional rental car excess cover costs US$5 per day for each driver on a single trip plan and US$75 per year added to the annual multi trip plan. A deductible of US$250 applies to claims under this cover.

This may typically provide the traveler with a saving of between US$10-20 per day compared with the typical rates charged by hire car companies, and for many travelers the amount saved on this one item more than covers the entire cost of their travel insurance.

About ClickTravelCover

Pacific Cross Insurance Company Limited (https://www.pacificcross-insurance.com/profile.php) is a privately owned offshore multi-line insurance underwriter with deep historical roots in a tradition of providing health insurance and health care services to the people of Asia and the world. Insurance policies are administered by the company’s Third Party Administrator (TPA), International Administrators Limited (http://www.ialhk.com/). ClickTravelCover (http://www.clicktravelcover.com/) is an online portal forming part of International Administrators Limited, and offering for sale the products of Pacific Cross Insurance Company Limited.