When you hire a car in the UK or abroad, car rental companies will usually charge the hirer an excess for any claims that arise from loss or damage to the rental vehicle, which can be anything from €100 to over €2,000!
So if you have an accident, the vehicle is stolen, or damaged, you may have to pay this excess amount to the car rental company.
Under this insurance, excess is defined as the amount for which the insured person is held responsible under the terms of the car rental agreement as a result of
the physical loss of or damage to the rental vehicle, including fire, vandalism, theft and loss of use.
When you hire a car in the UK or abroad, CDW (Collision Damage Waiver), Theft and Third Party Liability are normally included in the rental price.