Why might I need excess waiver insurance?

Before deciding whether or not you might need it, it is helpful to know of course just what excess waiver insurance does. In fact, it does pretty much what it says;therefore, excess waiver insurance can be seen as a natural extension of the collision damage waiver (or loss damage waiver as it is also called) that is generally agreed between a car rental company and the hirer of one of its vehicles. latter normally excludes damage sustained to the wheels and tyres, windows and glass, undercarriage and roof of the hired vehicle, for example. it is necessary to know how much is the excess applied to the collision damage waiver in any particular rental agreement. Throughout most European countries, the excess will be the equivalent of several hundred pounds (typically £600 in the United Kingdom, for example) but can rise to as much as £1,500 in certain parts of the world. Excess waiver insurance might be considered necessary when the cost of paying the excess on the collision damage waiver is deemed by the hirer to be unacceptably high.