If you are hiring a car with Budget, we can offer you car hire excess insurance which will cover you against the excess charges you could incur from the rental company if your hire car is damaged or stolen.

How does Budget’s own Car Hire Insurance work?

When you hire a car with Budget, your rental rate includes the following:

  • Third Party Cover
  • Damage Cover (excess applies)
  • Theft Cover (excess applies)

The Third-Party Cover does not hold any excess; however, an excess is applied for both Damage Cover and Theft Cover. This is the amount you are liable for in the event the vehicle is damaged or stolen during the rental period. Budget car hire excess rates can start from £1,000 to £1,500 depending on the type of vehicle you are hiring.

What are the Budget’s Excess Reduction charges?

Budget provides Excess Reduction packages which you can purchase in addition to your basic cover to reduce or remove the excess fees completely in the event your hire car is damaged or stolen. These packages combine individual excess reduction products together.

Budget offers 2 packages:

Vehicle Cover is the Zero Excess Protection Package which includes:

  • Theft and Damage Excess Reduction
  • Windscreen Cover

Costs £22.00 for smalls vehicles per day. Charges go up to £37.00 per day for premium vehicles.

Vehicle Cover Plus is the Complete Protection Package which includes:

  • Theft and Damage Excess Reduction
  • Windscreen Cover
  • Super Personal Accident Insurance
  • Road Assistance Plus

Starts at £35.00 per day for small vehicles, and up to £50.00 for premium vehicles.

Please note, windscreen cover is only included if renting in Austria, Czech Republic, Poland, Germany and Switzerland. For other countries, it can be added at the rental desk at the time of pick up. Fees and excess apply.

If you do wish to purchase the excess reduction products separately, you can do so at the following costs:

Super Collision Damage Waiver is an excess reduction product which reduces your excess to zero. The price depends on the location and vehicle type. This can cost between £12.94 and £25.00 per day.

Super Theft Protection Waiver Waiver is an excess reduction product which reduces your excess to zero. This can cost between £3.45 & £5.50 per day.

Windscreen Protection reduces your excess to Zero. This can cost between £4.31 and £6.50 per day.

How does iCarhireinsurance.com car insurance differ?

Our car hire insurance policies start from just £3.99* per day and £44.99 for an annual policy.

*Price based on a 40-year-old UK resident renting a car in Europe for 10 days or longer.

We cover excess fees for up to £6000 charged by the rental company. This includes:

  • Loss of Use (up to £500)
  • Misfuelling (up to £1,000)
  • Towing / Breakdown (up to £1,000)
  • Lock Out (up to £500)
  • Road Rage (up to £1,000)
  • Car Jacking (up to £1,000)
  • Hotel Expenses (up to £150)
  • Travel Expenses (up to £150)
  • Restitution (up to £500; £25/day limit)
  • Drop-off charges (up to £300)
  • 65 days Continuous Cover
  • In-Country/Local Rentals (optional cover)

Optional upgrades offered with some policies include:

• Collision/ Loss Damage Waiver • Vehicle Key Replacement • Personal Belongings and Baggage • Vehicle Rental Cancellation Insurance • Personal Accident • Car Club Plus • Campervan & Motorhome Excess cover

How much could you save on car hire excess insurance for your Budget car rental?

With iCarhireinsurance.com… With Budget
  • Accidental damage to windscreen, tyres, roof and undercarriage – INCLUDED in price ✓
  • Windscreen Protection – NOT INCLUDED

    - Can be purchased separately

    - Costs between £4.31 and £6.50 per day

    - Zero excess

  • Theft Protection – INCLUDED in price ✓
  • Super Theft Protection Waiver – NOT INCLUDED

    - Can be purchased separately

    - Costs between £3.45 and £5.50 per day

    - Zero excess

  • Up to £6000 reimbursement for Collision or Theft – INCLUDED in price ✓
  • Super Collision Damage Waiver – NOT INCLUDED

    - Can be purchased separately

    - Costs between £12.94 and £25.00 per day

    - Zero excess

*Total cost: £27.93 *Total cost: £144.90 to £259.00

Total potential saving: £116.97 to £231.07

*Total cost based on a 7-day rental. Price based on a 40-year-old UK resident renting a car in Europe. Prices correct as of July 2022.

Get a quote now with iCarhireinsurance.com and see how much you could save on your excess insurance policy.