In the context of car rental, excess is the amount of money for which the renter is held responsible under the terms of the car rental agreement as a result of the loss of or damage to the rental vehicle. This can include fire, vandalism, theft, and loss of use depending on the supplier. Excess is the sum that the renter agrees to pay in case of a claim on the insurance policy.
Note that excess is a British English term, whereas deductible is used in American English.
Synonym(s):
- Deductible
Example sentence(s):
- Excess is higher if you cross the border and drive outside the rental country.
- The excess amount is charged separately for every damage causing event.
- Excess is higher for drivers who have held their driving licence for less than 2 years.
