No, they are different things. We cover you for the rental excess costs you’ll need to pay should you incur damages or theft to your hire car. In essence we cover the gap between what is covered by your actual car hire insurance and the cost of any damages to the vehicle. Simply put, if you damage the car while it is in your possession, the car rental company will assess the cost to repair the damage incurred and will charge your credit card an excess – that is the amount we reimburse you with.