ReduceMyExcess is a UK car hire excess insurance specialist underwritten by AIG and named a Which? Best Buy three years running. It sells Single Trip, Annual Multi-Trip and Van Hire excess policies that refund the excess you’d otherwise pay the rental desk, instead of buying their own costly waiver.
It suits anyone renting a car in the UK, Europe or worldwide: occasional holiday renters do best with Single Trip cover, while frequent renters save more with Annual cover from £47.30. Our ReduceMyExcess discount codes make either option cheaper.
If you hire a car more than once a year, ReduceMyExcess’s Annual Multi-Trip excess insurance works out up to 2x cheaper than buying a new single-trip policy every time you book. It’s the same standalone cover – refunding the excess you’d otherwise lose to the hire desk – just bought once for the whole year instead of trip by trip.
If a single-trip policy costs around £40 per hire and you take three hire car trips a year, that’s roughly £120 – compared with an Annual Multi-Trip policy from £47.30, that’s a saving of around £70 across the year.
Anyone can buy Annual Multi-Trip cover – no membership, scheme or ID is required. It simply suits anyone who expects to hire a car or van more than once over the next 12 months.
No. The saving comes from choosing Annual Multi-Trip cover instead of Single Trip – no code is required at checkout.
Annual Multi-Trip cover is up to 2x cheaper than buying single-trip excess insurance separately for each hire, if you rent more than once a year.
ReduceMyExcess annual policies typically cover UK, European and worldwide hires – check the policy wording for your specific destinations when you get a quote.
ReduceMyExcess also sells van hire excess cover, so check their van options if that’s what you’re renting.
There’s no separate NHS or blue light scheme for this annual cover deal, but NHS staff and other key workers who hire cars regularly can still benefit from switching to Annual Multi-Trip cover instead of paying for single-trip cover each time. See our full ReduceMyExcess discount codes page for additional key worker savings.
No student card or loyalty scheme applies here either, but regular renters – students included – are exactly who this annual deal is built for, since the saving grows the more you hire. See our full ReduceMyExcess discount codes page for other voucher codes you can combine with your renting habits.
