Excess reduction

Reduces your repayments if an accident, damage or theft occurs

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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, you are lowering the excess to ZERO*! should the vehicle be stolen or there is a scrape, crash or bump. We have selected 4 key questions to keep the information simple and succinct. We understand car rental can be difficult and it's our goal to change this and make all our products and services transparent for our customers.

What is Excess Reduction?

Excess Reduction provides peace of mind. In the event of damage to the vehicle or theft, it reduces your financial liability to zero. Without this cover, the driver would be liable to pay an excess for any damage caused (regardless of 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
Protection Package

£27.00

£30.50

£33.50

£36.50

Includes - Theft & Damage Excess Reduction, Super Personal Accident Insurance, Windscreen Cover and Roadside Assistance Plus

Complete Car
Protection Package

£20.00

£23.50

£26.50

£29.50 

Includes - Theft & Damage Excess Reduction, Windscreen Cover, and Roadside Assistance Plus (excludes Super Personal Accident Insurance)

Reduced Excess
Protection Package

£17.00

£20.50

£23.50

£26.50 

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 "Standard" locations. Rentals from "Premium" locations will be higher.
- 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

Zero Excess Price per Day*

Reduced excess for Cars / Vans

Small

A

A,B

£1,000

£17.00

Cars = £0

Vans = 250

Medium B E,G,P,M,I £1,000 £20.50

Cars = £0

Vans = 250

Large G D,F,H,J £1,000 £23.50

Cars = £0

Vans = 250

Premium O O.L.K.N £1,500 £26.50

Cars = £0

Vans = 250

*Price is inclusive of VAT, SCDI + LLI + STP. Pricing is capped at 10 days.