Car hire excess insurance sales are increasing
Released 21st May 2009
Summary: After acting as introducer for car hire excess insurance for the past five year, jml Insurance are celebrating that they have now found over 17,200 purchasers for the product.
jml insurance has been an introductory agent for insurance4car.hire since 2004. Over the past five years they have now introduced over 17,000 clients to the company from marketing the products on their insurance services websites like www.jml-insurance.co.uk and holiday homes vacation sites like www.jmlvillas.com.
According to Philip Suter of jml Property Services "the public are now very much aware that when the rent a car they usually have to pay additional insurance when they book or collect it.".
“We have discovered that Insurance4carhire.com daily policies are much cheaper than those offered by most car hire rental companies and what is more they include cover for such important items like windows, tyres and undercarriage.”
Philip went on to say" it does however make more sense to take out an annual policy as this much more cost effective".
Insurance4carhire.com is not the only car hire excess product introduced on the jml sites. Since September 2008 Questor insurance has also been added. The business of introductions is building well with some 250 introductions to date.
In February 2009, jml Insurance launched www.insurance4carrental.com that acts as an introducer in the same style with the Questor and insurance4carhire products. trip policies.
Philip Suter of jml Insurance said” I have had an annual car hire excess policy from insurance4carhire.com since I first heard of them. I was caught having to pay a large excess for alleged damage to a car rental in the south of France in October 2000. Like many other renters I was charged a lot of money for “damage” from a low cost hire car company.”
Philip went on to say “ from my experience in renting cars, I have found that car hire company put a lot of pressure on individuals to buy their products that are usually more expensive. I have heard reports of car hire receptionists telling customers that the annual or daily policy that they have purchased will not be sufficient and they must buy their product.”
“On a recent visit to France as I had not purchased the car hire company’s own product and although I showed them documentation that I had additional cover, I had to pay by credit card €800 and would not get this back till after the car was returned. This appears to be very unfair if a client only has a small credit limit. Some car hire companies just swipe the card’s details and use them if required which is a much fairer option”
jml Insurance.co.uk is part of jml Property Services, the trading name of Jeffrey Milner Ltd. The company is an UK based company that was established in 1979. jml insurance acts as an introducer for insurance companies selling property insurance including landlord and tenant rental products, pet insurance, wedding insurance, motor insurance, car hire excess insurance, travel insurance and non standard insurance products. They also operate jmlvillas.com an online marketing service for owners of holiday home property to advertise and are part of the jml Group that includes jml Training and Consultancy.
© jml Property Services May 2009