The large-scale use of composite materials reinforced with carbon-aramid hybrid fabric in various outdoor applications, which ensures increased mechanical resistance including in impact loadings, led to the need to investigate the effects of aggressive environmental factors (moisture absorption, temperature, thermal cycles, ultra-violet rays) on the variation of their mechanical properties. Since the literature is still lacking in research on this topic, this article aims to compare the low-velocity impact behaviour of two carbon-aramid hybrid composite materials (with and without rubber core) and to investigate the effects of water absorption on impact properties. The main objectives of this research were as follows: (i) the investigation of the mechanical behavior in tests for two impact energies of 25 J and 50 J; (ii) comparison of the results obtained in terms of the force, displacement, velocity, and energy related to the time; (iii) analysis of the water absorption data; (iii) low-velocity impact testing of wet specimens after saturation; (iv) comparison between the impact behaviour of the wet specimens with that of the dried ones. One of the main findings was that for the wet specimens without rubber core, absorbed impact energy was 16% less than the one recorded for dried specimens at an impact energy of 50 J. The failure modes of the dried specimens without rubber core are breakage for both carbon and aramid fibres, matrix cracks, and delamination at matrix-fibre interfaces. The degradation for the wet specimens with rubber core is much more pronounced because the decrease in the absorbed impact energy was 53.26% after 10,513 h of immersion in water and all the layers were broken.