Resources for European Auto Insurance

If you are in Europe for a long period of time, your insurance might not cover you and you will need to get different coverage. Most car insurance terms are different in European countries than they are in the US, so take care to understand them before purchasing any plans.

Collision damage waiver (CDW)

The collision damage waiver (CDW) ensures that you will not have to pay a high deductible if you get into an accident while in Europe. A CDW is about $20 to $30 more per day when renting a car.

Insurance excess

The excess fee is what the customer owes after an insurance company pays for the damages in a European car accident. If you pay a small daily fee for excess insurance, you will not be forced to pay the excess after an accident. This can save you hundreds or thousands of dollars.

Breakdown cover

Breakdown cover can save you money in the event that your car breaks down in Europe. Repairs can be costly and no one wants to be stuck paying for them while on a vacation or a business trip.

Third party

Third party insurance is the minimum coverage required in Europe. It is similar to liability coverage required in the United States, though many people opt to get more coverage when traveling abroad.

Young driver

Anyone under the age of 25 is considered a young driver in Europe. Most companies in Europe and the US charge extra fees for young drivers to rent cars or obtain insurance.

All risk coverage

All risk insurance covers more than basic third party coverage. It is the equivalent of comprehensive insurance in the US, so it also covers injuries and property damage in the event of a car accident in Europe.