Rental Vehicle Insurance with Reduction of CDW Deductible

The Reduction of CDW Deductible limits the deductible you have to pay. If you have an accident, you do not have to pay more than the sum agreed under the insurance policy.
Your Reduction of CDW Deductible insurance should be arranged when you hire the vehicle, though it can be arranged up to one day before you collect it.
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Protect your holiday funds with a Reduction of CDW Deductible policy. Your cost impact airbag in case of theft or an accident.
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No matter whether in a rental vehicle or a camper van - any accident can prove expensive. We will pay part of your deductible should an insured event occur.

Restrictions or exclusions may apply when staying in or travelling to areas for which the Foreign Office has issued travel warnings, depending on the terms and conditions of your insurance policy.

Important information and answers to your questions about your insurance cover can be found under Coronavirus.

  • For rental vehicles, you can arrange a Reduction of CDW Deductible policy for an insured sum of 3,000, 5,500 or 8,000 euro.
  • The sum insured must correspond to the deductible for the collision damage insurance in your vehicle rental agreement. If you arrange the Reduction of CDW Deductible policy, the deductible in your rental agreement will be reduced to 300 euro in case of an accident.
  • For camper vans, motorhomes and caravans, you can choose between 3,000, 5,500 or 8,000 euro of cover, depending on the amount required. The CDW deduction reduction policy for camper vans and caravans reduces the amount of deductible left for you to pay to 250 or 500 euro (depending on your choice), in case of an accident.

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Travel Cancellation Insurance
CDW Deductible Reduction
Travel Curtailment Insurance
Luggage Insurance
Sum insured: € 6.000,– per object
Interior equipment Insurance
Deductible: € 250,– je Objekt in jedem Schadenfall 
Versicherungssumme: € 2.500,– je Reise
Sample price for: 10 days, travel destination: worldwide, sum insured: 3000 €.
 

Which events are insured? 

  • Damage to the rental vehicle caused by an accident, attempted theft or vandalism
  • Theft of the rental vehicle

What is reimbursed? 

  • The amount of the deductible for the collision damage insurance owed and billed to you under the vehicle rental agreement
  • Sum insured: This must correspond to the deductible for the collision damage insurance in your vehicle rental agreement; amounts of € 3,000 / € 5,500 / € 8,000 are possible
  • Deductible: You pay € 300 (car) or € 250 / € 500 (camper van) of the reimbursable damage in case of an accident

Uninsured events:

X Damage not covered by the (main) collision damage insurance taken out by the vehicle hirer

X Trips taken by a driver not included in the rental agreement

X Damage to the hire vehicle's interior

 

Uninsured vehicles:

X Motorcycles and other two-wheeled vehicles

X Aircraft and watercraft of any kind

X Car-sharing vehicles

  • Do you have any questions about your travel insurance?
  • Not sure which travel cover is right for you?
  • Do you need help arranging your travel insurance?
  • Want to arrange your cover over the telephone?

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Allianz Assistance - Travel Insurance
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