Why is your insurance more affordable than the car rental companies’ products? : Prosura

Why is your insurance more affordable than the car rental companies’ products? Print

Modified on: Thu, 14 Mar, 2024 at 10:41 AM

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.

We're proud to offer the Prosura Rental Vehicle Excess and Travel Insurance product at a competitive price that provides our insureds with great value for money.

Car rental companies design their own excess waiver and reduction products and pricing for their fleet.

It may be helpful to note the following key differences between the excess waiver products generally offered by car rental companies and Prosura Rental Vehicle Excess and Travel Insurance:

Prosura Rental Vehicle Excess and Travel Insurance generally offers a broader range of inclusions than many car rental company waiver products,
Prosura Rental Vehicle Excess and Travel Insurance is a regulated insurance product, car rental company waivers are usually not,
Prosura Rental Vehicle Excess and Travel Insurance is a reimbursement product, in the event of damage to the vehicle you will need to pay the related charges to the car rental company first, then claim those charges under your Prosura Rental Vehicle Excess and Travel Insurance policy.

You may wish to compare the features, limits, inclusions, exclusions and other terms and conditions of a waiver product offered to you by the car rental company, with the Prosura policy, and consider your own personal circumstances, before you make a decision whether or not to purchase.

Pursuant to Australian financial services laws, we are only authorised to provide general advice regarding Prosura Rental Vehicle Excess Travel Insurance.

Prosura Customer Care Team
Within Australia: 1300 677 180
Overseas: +61 7 3062 6818
Email address: help@prosura.com

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Why is your insurance more affordable than the car rental companies’ products? Print

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