What is meant by the term Excess / Deductible?
When a car is hired in the UK, Ireland, Europe, Africa, New Zealand, Australia, and most of the Middle and Far East, CDW (Collision Damage Waiver), Theft and Third Party Liability are included in the car rental price. There is nearly always an Excess (also referred to as a Deductible) on the CDW and Theft portion of the rental. The Excess will range, depending on the country and the car rental company, from about 350 to 2,000. This means that in the event of theft or damage to the rental vehicle, you must pay the first portion of the cost, i.e. the Excess, to the car rental company. Excess is not charged in the USA and in most other countries where the requirement for CDW / LDW and SLI applies.
