Vehicle hire excess and travel Insurance specialist Questor Insurance looks at figures that reveal the most expensive destinations around the world for holidaymakers to hire a car.
Research* has revealed that heading to Norway will burn the largest hole in consumer’s pockets when it comes to hitting the road in a hire care with the total cost of car hire coming in at a whopping £520.40.
Norway’s lead as the most expensive destination for both filling up (£72 for 40 litres of unleaded petrol) a car, and car hire, was followed by Pisa, Italy (£491.21), Geneva, Switzerland (£464.68) and Split, Croatia (£429.85).
As well as the cost of car hire, the research revealed that holidaymakers hiring a car abroad could be stung by sky-high excess charges, the amount you pay towards a claim, if their vehicles were stolen or damaged.
This cost could set drivers back as much as £1,186 in Ireland and up to £1,064 in Switzerland.
While drivers encounter the lowest excess charges in Turkey (£400) and Bulgaria (£404), the good news is that drivers can avoid excess charges altogether up to a pre-specified limit by taking out car hire excess insurance in advance.
Car hire excess insurance starts from as little as £2 a day, substantially lower than the cost of paying out for even a single excess charge on claim.
Holidaymakers can also save even more of their precious travel budget by opting for locations around the globe that offer more competitive pricing on car hire and petrol.
As an example Florida took first place in the ranking of cheapest destination for car hire, with total car hire costs coming in at £164.69, and 40 litres of unleaded petrol totalling at £21.20.
Following in second place was Burgas, Bulgaria (£242.09), with Luqa, Malta (£255.49) in third place.
Commenting, Questor Insurance CEO Andrew Lawrence, said: “Getting the best deal on a car hire is particularly important at a time when consumers’ budgets are being stretched to the limit.
“Securing you car hire excess insurance in advance is one way to do this, and as an added bonus your policy will also cover any damage to tyres, windscreen and the underbody of your vehicle.”
Questor Insurance’s ‘Be Holiday Savvy’ campaign is running from June to September and will provide travellers with a wealth of handy hints and tips to make the process of planning and executing their foreign holiday that much smoother.