Car hire excess insurance australia

As we mentioned above, the rented vehicle in Australia is already insured in order to reduce your liability. This insurance is also known as Collision Damage Waiver (CDW).

Rental cars usually only come with compulsory third-party insurance, which is part of their registration anywhere in Australia. If your rental car is covered by your comprehensive or third-party fire and theft car insurance, you may not need to buy separate car insurance for rental cars.

Collision Damage Waiver (CDW) - is not insurance, but an agreement to waive the costs of damage to your rental vehicle if it is involved in a collision. Frequently CDW has an 'excess' which is the first part of any claim which the renter will remain liable for.

In Australia the law mandates that specific insurances are required for car rentals: Collision Damage Waiver (CDW) and Theft Protection (TP).