When you are travelling and you rent a car, the hire price normally includes insurance covering you for accidents (usually listed as Collision Damage Waiver or CDW) and theft (usually listed as Loss Damage Waiver or LDW). Unfortunately you may also have to pay a large excess if the hired car is damaged or stolen. Often when you pick up the car you've hired the car rental company will offer you the opyion of upgrading your insurance to minimise or remove the excess cost but is usually expensive and is normally an unexpected extra cost to your holiday. Car Hire Excess is a reimbursement policy which is designed to help you avoid these large excess costs.