Carsharing is a sensible alternative to owning a car. But what about the insurance? The fact is: If you cause an accident with a hire car or carsharing vehicle, you yourself will have to pay some of the claim amount due to the high deductible. And it can easily cost you thousands of francs, depending on the provider.
You can of course opt for a lower deductible with extra insurance. But this in turn leads to a sharp hike in the hire price - which on first glance looked inexpensive. On the other hand, with AXA's Hire Car & Carsharing Insurance, you can, for an annual premium from around CHF 100, reduce the deductible to CHF 200 in the event of a claim.
You will find GICs for policies taken out before 2019 in your myAXA customer portal.
Anna and Martin are honeymooning on Lake Como. Martin brushes his hire car against a house front while trying to negotiate the narrow streets of a small town. The result: a big scratch across the front-side passenger door.