Europcar Reports Frequent Damages to Vehicles with Few Purchasing CDW

In an analysis from Europcar, a car rental company in the United Kingdom, nearly 90 percent of its UK fleet was damaged, including major body work to small chips and cracks, in 2010, according to an Aug. 24 press release.

In contrast to this frequent damange, only about 30 percent of Europcar customer’s purchased a collision damage waiver (CDW) — also known as risk reduction coverage in the UK.

The analysis found that clients most likely to purchase CDW are travelling to another country or are at least unfamiliar with the area. Europcar suggests that the low-rate of customer’s buying into the coverage could be due to their perception of car rental insurance as being an “unnecessary cost,” as the press release states. 

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

Job Finder: Access Top Talent. Fill Key Positions.