Daily Versus Annual Car Hire Insurance

insurance4carhire.com offers you the flexibility to get your car hire excess covered for a length of time which suits you. So whether you hire a car regularly or just for a few days per year, we can provide a cover period to match.

Before you choose your policy type, there are a few things to think about.

The difference between the policies

There are differences in the levels of cover (more on that below), but the key difference is that daily policies are available for periods of up to 62 days at a time and can cover you almost anywhere in the world*. With daily policies, you’ll have to take out a new policy every time you take a new trip and get a new car rental agreement.

Annual policies on the other hand allow you to cover your excess for up to 60 days at a time as many times as you like over the course of 12 months. You won’t need to take out more than one policy - just pay once and you’re covered for the year.

*UN sanctioned countries excluded

Level of cover

Our daily and annual policies offer great levels of protection. However there are a few differences so it’s best to check out the table below to ensure you’ve got the cover you need in place.


Annual European Cover

Annual Worldwide Cover


So you’ve established the right type of cover. But is it cost effective?

You may only be going away for a short trip so you might think daily is more cost effective. You’d be correct (to an extent). If you’re going away for less than 13 days (10 days if only travelling in Europe), then our daily policy looks like the more attractive option. However, if you need to hire a car again later that year, you’ll need to take out another policy. It’s best to think about how many days per year you’re going to need to hire a car. If that number is over 13 days we strongly recommend our annual polices.

If you haven’t planned all your holidays for the year, we would still recommend buying an annual policy for the convenience and peace of mind of having an increased level of cover all year round.