Excess or Deductible is the amount of Excess you must pay under the terms of your Car Rental Agreement because of damage to the Rental Vehicle. The Excess is the difference between the amount of the damage caused to the rental vehicle and the amount covered by the Collision Damage Waiver (‘CDW’) or additional insurance cover from the rental vehicle company. If you purchase Excess Waiver or Non-Waiver from the rental company you should not be responsible for the excess, but check your agreement. If you do not purchase the Excess Waiver or Non-Waiver, but purchase our cover, if you pay an excess we will reimburse you, subject to the terms, Conditions, Limitations and Exclusions of our Policy Wording. Remember the car hire companies Excess Waiver or Non-Waiver is usually several times more expensive than our cover.