Excess reduction
Reduce your repayments if an accident, damage or theft occurs
Excess Reduction is a package designed to provide additional cover on top of the basic cover included in your quote.
By taking out Excess Reduction with a car hire, if the car is stolen or you have a bump or dent the excess is zero*. If you take out Excess Reduction on a van rental, there is a reduced cost for any loss or damage.
We understand that car and van rental can be confusing so it's our goal to ensure our products and services and all terms and conditions are clear and easy to understand. Below are four frequently asked questions about Excess Reduction.
What is Excess Reduction?
Excess Reduction provides peace of mind. In the event of damage to or theft of the vehicle your financial liability is zero for cars and reduced for vans.
Without this extra cover the driver is liable to pay an excess for any damage to or theft of the vehicle, regardless of who is at fault.
How can I purchase Excess Reduction Cover?
Excess Reduction is available to purchase at the rental station upon pick up.How much does Excess Reduction Cover cost?
Excess Reduction Cover is available as part of our protection packages. Please find prices below and a summary of all other additional cover options:
Prices are charged per day, to a maximum charge of 10 days. Prices below are based on a rental from UK Mainland. Other countries may vary. Please contact our reservation team for further details.
| Small Vehicles | Medium Vehicles | Large Vehicles | Premium Vehicles | |
| Complete | £35.00 | £40.00 | £45.00 | £50.00 |
Includes - Theft & Damage Excess Reduction, Super Personal Accident Insurance, Windscreen Cover and Roadside Assistance Plus
| Zero/Reduced Excess (Van) | £22.00 | £27.00 | £32.00 | £37.00 |
Includes - Theft & Damage Excess Reduction and Windscreen Cover
* Vehicle damage claims are subject to a £66 Damage processing fee, unless customer purchases additional coverage.
- Prices quoted are for rentals collected from "Premium" locations. Rentals from "Standard" locations will be 16% lower.
- Please check the prices during the booking process.
Where is Excess Reduction available?
Excess Reduction is available for purchase at all Budget stations across the UK, Europe and Worldwide.
If you have any further questions about our Excess Reduction product, please do not hesitate to call our reservations team on 0808 284 4444. Feel free to ask any question to our rental station staff, we want to make sure you are happy and understand when renting with Budget.
Car & Van group sizes explained
| Category | Van Groups | Core Car Groups | Standard Excess | Reduced excess for Cars / Vans |
| Small | A | A,B | £1,000 | Cars = £0 Vans = 250 |
| Medium | B | E,G,P,M,I | £1,000 | Cars = £0 Vans = 250 |
| Large | G | D,F,H,J | £1,000 | Cars = £0 Vans = 250 |
| Premium | O | O.L.K.N | £1,500 | Cars = £0 Vans = 250 |