Study reveals that many British holidaymakers pay too much for their car hire

It is no secret that renting a car while on holiday can make your trip more convenient and enjoyable; however, a recent study has uncovered a surprising fact: many British holidaymakers are overpaying for their car hire, sometimes by as much as £450! Let’s take a look into what is behind these unexpected costs and how you can avoid paying too much on your next trip.

Why are Brits overpaying?

The study found that the primary reason many Brits are overpaying for car hire is linked to car hire excess insurance. Most travellers either are not aware of this type of insurance or don’t plan ahead, leading them to purchase expensive policies directly from the rental desk. Rental companies often offer excess insurance at inflated prices and because people don’t know they have other options, they end up forking out more than they need; for example, at the rental desk, excess insurance can cost up to £25 per day, adding hundreds of pounds to your total bill.

How to save money on your car hire

The good news is that there is a simple way to avoid overpaying for car hire. Instead of waiting until you are at the rental counter, you can purchase car hire excess insurance from a third-party provider such as Moneymaxim before your trip. These policies are often much cheaper (sometimes less than £2 per day), meaning you will be fully covered without breaking the bank. Not only is this more affordable but also it gives you peace of mind knowing that you won’t be pressured into paying extra when you are at the rental desk. Make sure you take proof of your insurance with you when you pick up your car.

Final thoughts

Many British holidaymakers are still paying far too much for their holiday car hire, mainly due to overpriced car hire excess insurance sold by rental companies. By purchasing this insurance ahead of time, you can avoid the extra charges and enjoy your holiday without worrying about hidden costs.