Pay less for The Accident Damage Excess (ADE) Reduction fee
We understand that, despite that you are very careful, it is hard to prevent accident sometimes. Please read below for full details.
In Rent a Ride PTY LTD’ s Terms and Conditions, “accident” is defined as “any collision between the Vehicle and any other object, including another vehicle, or any other incident or occurrence that results in the Vehicle being damaged, lost or destroyed, and includes a Single Vehicle Accident.”
The Accident Damage Excess (ADE) is Rent a Ride PTY LTD’ s term for the Customer’s financial liability should an accident occur to the hire car or any other vehicle or property that the hire car collides with, while in the Customer’s possession. Two (2) kinds of ADE is available at Rent a Ride PTY LTD, First Party and Comprehensive Cover. The descriptions are as below:
Definition of “First Party cover” Coverage and Types of Policies: “First Party” insurance coverage insures against loss or damage sustained by the “insured” (person for whom the policy is written to protect and/or person or business entity who purchases the insurance).
“Comprehensive Cover” Insurance Coverage: These are meant to insure against liability of a person or entity for loss, damage or personal injury caused to a “third person” (i.e. someone other than the “insured”).
In the event of an accident the hirer/renter is liable to pay the Accident Damage Excess (ADE) of AUD $4500.
The Accident Damage Excess (ADE) Reduction fee is Rent a Ride PTY LTD’ s term for the Customer’s additional fee on the top of the car rent, that will reduce the Accident Damage Excess (ADE) financial liability if an accident occurs to the hire car or any other vehicle or property, while in the Customer’s possession.
Rent a Ride PTY LTD offers excess reduction fee, which are available for purchase at the rental counter when customers book a car or collect hire car.
Rent a Ride offers 2 options of Accident Damage Excess (ADE) Reduction fee to reduce cutomers’ liability when renting a hire car:
- First party Cover: Customers pay $9 Per day and the Accident Damage Excess (ADE) will be reduced to AUD $1500 (Excluding GST) from $4500.
- Comprehensive Cover: Customers pay $ 30 Per day and the Accident Damage Excess (ADE) will be reduced to AUD $450 (Excluding GST) from $4500. This policy covers the car renter hire as well as the third-party vehicle and property.
Comprehensive cover is not available to Green P (Provisional License) of Australia or any other country. Green P will be liable to any third-party damage.