Need to rent a car here? The insurance can stretch your holiday budget.

You’re eager to get on the road but first you’re confronted with a long list of costs. Some of these are optional and some not-so-optional (such as the excess waiver). What might have looked like a great daily rental car rate in the advertising now doesn’t look quite so great. Do you have to pay all these costs or are there alternatives?

Rent a car in New Zealand and the rental company’s standard insurance cover is included in the quoted price. It usually covers theft or damage to the vehicle; consequential damages; losses or costs to the rental company such as salvage costs, loss of revenue or loss of ability to rehire; and liability for damage to (or loss of) third-party property.

You get all this as long as you don’t break any of the terms and conditions of the rental agreement – including its exclusions.

Excesses and waivers

To find out more about the potholes to avoid with rental car insurance, become a paying Consumer member or log in at the top of the page.

Waiver alternative

To find out more about the potholes to avoid with rental car insurance, become a paying Consumer member or log in at the top of the page.

Exclusions

To find out more about the potholes to avoid with rental car insurance, become a paying Consumer member or log in at the top of the page.

Bonds

To find out more about the potholes to avoid with rental car insurance, become a paying Consumer member or log in at the top of the page.

Report by Kate Sluka.