What does zero excess mean when renting a car?

Related questions

1. Can you take a rental car back early?
2. How much do rental car companies charge for insurance?
3. What does car hire mean?
4. How much deposit do Europcar take?
5. How long does Europcar take to refund?
6. Can I rent a car and drive around Europe?
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Tags

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18. #amount
19. #money
20. #insurance
21. #policy