Halo Insurance

May 25, 2010 09:00 ET

Hire Car Drivers Urged to Take Out Insurance With Cancellation Cover

- Ash Cloud and BA Strikes Highlight Need for Protection

- Confusion Over Cancellation Fees - Can Be Up to 70% of Total Rental Bill

- iCarhireinsurance.com Annual Policy Holders Can Buy Complete Peace of Mind for Just £10

LONDON, UNITED KINGDOM--(Marketwire - May 25, 2010) - Drivers of hire cars are being urged to take out cancellation cover with their car hire insurance to avoid expensive charges if they have to cancel at short notice.

The volcanic ash cloud and the BA strike action have affected hundreds of thousands of people, and many car rental contracts have had to be cancelled at short notice. Drivers could be charged up to 70% of the total bill, despite not needing the vehicle they had planned to hire. It seems that each of the many operators across Europe have a different policy for recent events causing confusion and uncertainty. 

Some are offering replacements if taken before a set date, or waiving some fees, but not all. Others will not charge cancelation fees but you must inform them before you are due to pick up the car, something that isn't always easy. Many are insisting that applications for refunds are done in writing which just adds to the hassle. 

With yet more disruption to travellers on the horizon, iCarhireinsurance.com is now urging hire car drivers to ensure they are covered if their plans change.  

iCarhireinsurance.com offers low cost car hire excess insurance but annual policy holders can also protect themselves against unforeseen cancellations for just £9.99 a year. Given the increasing uncertainty over travel plans, delays and journey extensions, hire car cancellation cover gives customers complete peace of mind. 

Annual policies are not only great value, they also provide the flexibility required with so much uncertainty in the world of travel. With an annual car hire excess policy from iCarhireinsurance.com with cancellation upgrade, policy holders are covered;

  1. If their trip is put back by a few days
  2. If their return trip is delayed and they have to stay away for a few more days
  3. If their trip is postponed until later in the year
  4. For any other trips that they take that year
  5. For up to 60 days for each individual trip

Unlike most other policies, with iCarhireinsurance's annual and daily car hire excess insurance, customers are covered right up to the moment they return to their front-door. Therefore if their flight is cancelled and they need to drive their hire car home, their excess cover is still valid.  Furthermore, if customers need to take a trip across Europe because flights are not available, their excess insurance is valid for up to 9 drivers, as long as they are named on the car rental agreement.

Ernesto Suarez, founder and CEO of iCarhireinsurance.com said, "These days, there are no guarantees when it comes to travel and tourism. The Iceland volcano and airline industrial action have resulted in many trips being cancelled or disrupted, and with both these problems set to continue into the future, hire car drivers need to protect themselves against unforeseen circumstances. Customers of iCarhireinsurance's cancellation cover have peace of mind in all the confusion and chaos. 

"At iCarhireinsurance.com we've created a range of policies that are cheaper and more comprehensive than those offered at car rental desks. Furthermore, our website has been designed to cut through the insurance mumbo jumbo, making it easier for customers to find the cover they need and buy the right policy at the right price."


Notes to Editors

Founded in 2009, iCarhireinsurance.com is a groundbreaking new online insurance service that takes the hassle out of hire car insurance. It offers a range of policies that are fully comprehensive, simple to understand, unbeatable value and accepted at all car rental locations worldwide. 

iCarhireinsurance.com is a registered trading name of Halo Insurance Services Limited. Halo Insurance Services Ltd was founded by Ernesto Suarez, a leading insurance professional with 10 years experience in the industry. 

Halo Insurance Services Limited is registered in England number 6929208.  Authorised and regulated by the Financial Services Authority Register No. 504629 for the sale and administration of general insurance products in the United Kingdom and throughout the European Economic Area (EEA). 

Halo Insurance Services Ltd is backed by Bridges Ventures and Magenta Partners. 


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