Budget Car Hire Excess Reduction

At iCarhireinsurance.ie, we offer car hire excess insurance for people who are hiring a car with Budget. In the event your hire car is damaged or stolen, we can reimburse you for the excess fees you may incur from the rental company.

How does the Car Hire Insurance from Budget at the rental desk work?

When you hire a car with Budget, the following basic insurance cover is included within your rate:

  • checkThird Party Cover (TPC)

  • checkCollision Damage Waiver (CDW)

  • checkTheft Protection (TP)

  • checkBasic level Roadside Assistance

Third Party Cover is compulsory by law and covers the driver’s liability for property damage or bodily injury to others. Basic Roadside Assistance is also included, however for extra assistance such as for locked-in keys or flat tyres, the Roadside Assistance Plus is available as an optional extra.

An excess applies for both Collision Damage Waiver and Theft Protection; this means that in the event your hire car is damaged or stolen, you will be liable to pay an excess fee to cover the cost of repair. Budget excess charges depend on the vehicle type and can range from €1500 to €5000. You can eliminate these excess charges by purchasing an excess reduction product.

What are Budget’s Excess Reduction charges?

Budget offers an Excess Reduction product; this is additional cover which reduces the excess amount for Collision Damage Waiver and Theft Protection to zero. This, therefore, removes your financial liability to the excess amount. Excess Reduction can be bought direct from Budget online when you book your vehicle, or at the rental desk when you collect your vehicle. It costs between €19.50 and €28.00 per day. This product does not include damage to windscreen; however Budget offers zero excess Windscreen Cover as an optional extra for a cost of €4.00 per day.

Other optional extras include Roadside Assistance Plus (€5.00 per day) and Personal Accident Insurance (€8.00 per day).

How does iCarhireinsurance.ie Car Insurance differ?

At iCarhireinsurance.ie, we offer zero excess policies which are often more comprehensive than that of the rental company. Our policies start from as little as €3.99 per day per day, and also cover more vulnerable parts of the car such as the windows, windscreen, tyres, roof and undercarriage.

What’s insured?

  • checkExcess Insurance (up to €7,500 Sum Insured)

  • checkLoss of Use (up to €500)

  • checkMisfuelling (up to €1,000)

  • checkTowing / Breakdown (up to €1,000)

  • checkLock Out (up to €500)

  • checkRoad Rage (up to €1,000)

  • checkCar Jacking (up to €1,000)

  • checkHotel Expenses (up to €150)

  • checkTravel Expenses (up to €50)

  • checkRestitution (up to €500; €25/day limit)

  • checkDrop-off charges (up to €300)

  • check65 days Continuous Cover

  • checkIn-Country/Local Rentals

Optional upgrades are offered with some policies; they include:

  • checkCollision/ Loss Damage Waiver

  • checkVehicle Key Replacement

  • checkPersonal Accident

  • checkCampervan & Motorhome Excess cover

If you choose to purchase a policy from iCarhireinsurance.ie, Budget will require a pre-authorisation on your credit card that is equal to the excess charge. If you however choose to purchase an excess reduction product from Budget, a pre-authorisation is not required.

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

With iCarhireinsurance.ie… With Budget…

Up to €7,500 reimbursement for Collision or Theft - INCLUDED in price

- Zero excess

Excess Reduction product - NOT INCLUDED

- Zero excess

- Can be purchased separately

- Costs between €19.50 and €28.00 per day.

Accidental damage to windscreen, tyres, roof and undercarriage - INCLUDED in price

- Zero excess

Windscreen Cover - NOT INCLUDED

- Zero excess

- Can be purchased separately

- Costs €4.00 per day

*Total cost: €27.93

*Total cost: €164.50 to €224.00

Total potential saving: €136.57 to €196.07

*Total cost based on a 7-day rental in Ireland. Prices correct as of April 2019.

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