What is self-drive car hire insurance?
Self-drive hire insurance is taken out by businesses, companies or individuals who run hire services that rent cars, vans and other vehicles to members of the public. Primarily made up of motor insurance, which covers the vehicle and driver while being rented, this is a legal requirement for such businesses and protects against accidents, damage and other risks that could threaten your profitability.
What does a self-drive hire insurance policy cover?
The policy options at Gallagher are extensive and one of our specialist and qualified team members will be able to assist in creating a policy that is right for you and your business. Your self-drive car hire insurance can include comprehensive, third-party, or third-party fire and theft cover. It can include cover for drivers up to the age of 75; up to 8 self-clearance points; cover for travel within the UK and Europe; free Green Cards and/or European breakdown and recovery cover; cover at all times, or only when hired out; and contingency cover when vehicles are hired out on a customer’s own insurance.
We also have a range of add-on cover available including motor legal expenses, cyber liability insurance, directors’ and officers’ cover, and motor trade insurance. No matter what your business needs are, we’ll be able to create the perfect self-drive hire insurance policy for your business.
What types of vehicles can a self-drive hire insurance policy cover?
This particular type of policy is not limited to car hire. You can also take out self-drive van hire insurance should you have a removals or van rental company. If you decide to hire out your motorhome or campervan, a self-drive hire insurance policy from Gallagher will give you the peace of mind you need.
You may want to include off hire insurance too. We can arrange self-drive car hire insurance for a range of private and commercial vehicles – from minibuses and short, medium and long-wheelbase transits to tail-lift panel trucks up to 7.5 tonnes. If your business is in the equine sector, self-drive hire insurance will also cover horseboxes, should you need to rent out your horsebox to the public under a rental contract.
How can Gallagher help my business?
Our exclusive self-drive car hire insurance can help cover costs when your hire vehicles experience damage, theft, accidents, vandalism or misuse. We're also an associate member of BVRLA and are on their website as one of their recommended self-drive hire insurance brokers.
Our experienced team can also advise on additional ways to lower your risk profile, improve your protection and hopefully cut the cost of your insurance – especially if your business is seen as higher risk due to vehicle use or location. We might suggest enhancements to site security and storage; advise on managing customer ages and profiles; discuss vehicle trackers, remote telemetry and on-board cameras for accident recording; and suggest a flexible approach to excess levels and the overall sums insured.