Rental Vehicle Excess Insurance is insurance for your rental vehicle excess. It is a product which you can buy before pick up and works similar to travel insurance. Insurance is provided by the car rental company and is included in the rates listed on our website. However, if any damage is caused to the rental car while it is in your possession, the car rental company can charge you up to the excess amount stated in your rental agreement. This fee varies from around $3,000 to $8,250 based on the supplier, and the type of vehicle you are hiring. A way to cover your excess is by purchasing Rental Vehicle Excess (RVE) Insurance. By getting RVE Insurance, you are protecting yourself from financial liability and extra charges.
Watch the video below to learn about what your financial liability is when renting a car in Australia.
Important: