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News & Analysis

Van Hire Excess Insurance for Only GBP 7.99 a Day- Cheaper than all other leading providers- Excess reduced to zero

November 30, 2012, Friday, 12:14 GMT | 07:14 EST | 16:44 IST | 19:14 SGT
Contributed by Marketwire

If you are renting a van in the UK or Europe you are often liable for an excess of between GBP 500 and GBP 1500 if the van is damaged or stolen, even if it is not your fault. Van hire excess insurance is available to reduce this, but the leading rental companies charge between GBP 9 and GBP 19 a day, and only reduce the excess to between GBP 250 and GBP 750.

Following the successful launch of iCarhireinsurance.com's Car Hire Excess insurance in March 2010, and Car Club Excess Insurance in July 2010, iCarhireinsurance.com has launched a new Van Hire Excess Policy. The daily policy costs either GBP 7.99 a day to reduce the excess to zero, or GBP 6.99 to reduce the excess to GBP 100. The policy includes;

Ernesto Suarez, CEO, www.iCarhireinsurance.com said, "Whether you're moving home, picking up a large new item of furniture or renovating your home, renting a van can be really useful and cost effective, but a small chip to the paintwork, even if it's not your fault, and it is suddenly not such good value. Excess Insurance is available to protect you from this but most just reduce the excess. Why pay more to reduce your Van Hire excess when you can pay less to remove it completely with iCanhireinsurance.com"

http://www.icarhireinsurance.com/

Media Enquiries

Roan Media for iCarhireinsurance, Cath Roan, 0208 898 8181, 07801 817 451, cath@roanmedia.co.uk

Notes to Editors

Founded in 2009, iCarhireinsurance.com is a groundbreaking new online insurance service that takes the jargon, hassle and expense out of hire car insurance by offering policies that are cheaper and more comprehensive than those sold at car rental desks, can be used with all car rental agreements worldwide, and quick and easy to choose and buy.

iCarhireinsurance.com is a registered trading name of Halo Insurance Services Limited. Halo Insurance Services Limited 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 Limited is backed by Bridges Ventures and Magenta Partners. Bridges Ventures is an investment company whose commercial expertise is used to deliver both financial returns, and social and environmental benefits. Key backers include the co-founder and former chairman of Apax Partners, Sir Ronald Cohen, 3i and Doughty Hanson. Magenta Partners are a highly entrepreneurial team committed to investing capital in growth businesses. Its principal founder and investor are the Tom Singh Family Trusts - Tom Singh is one of the UK's leading retail entrepreneurs.