I have purchased both rental car excess insurance and excess reduction from the car rental company. Can I use both or is one redundant?
Modified on: Tue, 9 May, 2023 at 4:30 PM
Prosura Rental Vehicle Excess Travel Insurance Products are issued by Pacific International Insurance Pty Ltd ABN 83 169 311 193 (‘Pacific’). Prosura Pty Ltd ABN 59 638 142 720, Australian Financial Services Licence Number 530275 (‘Prosura’), is authorised to carry on a financial services business to provide general financial product advice, and deal in, general insurance products, and handle and settle claims. When Prosura provides these services, it does so on behalf of the insurer, Pacific, pursuant to a binding authority, as the agent of Pacific. Prosura does not act as your agent. Any advice provided by Prosura is general and does not take into account your objectives, financial situation or needs. Before making a decision please consider the Product Disclosure Statement and Financial Services Guide and the Target Market Determination. If you purchase a policy, Prosura receives a commission which is a percentage of your premium - ask us for more details.
Prosura Rental Vehicle Excess Travel Insurance is not redundant if you have purchased an excess reduction product or waiver from a car rental company. There may be expenses that are covered by Prosura, which are not covered by the car rental company’s excess reduction product, common examples include:
Please carefully consider the terms and conditions of the car rental company’s excess reduction product, the relevant PDS, and your own personal circumstances.
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