I am not familiar with driving such a big car like motorhome with the manual transmission.However,I am going to rent a motorhome for traveling in New Zealand but I quite don't understand about the insurance for the car renting.
I got an email from the motorhome renting company and I don't understand some details about it.
"Our Standard insurance is a Collision Damage Waiver (CDW), which covers the hired vehicle, other vehicles and property up to NZ$1Million.The excess (bond) is :
NZ$ 1500,-- ( for drivers aged 25 and over )
NZ$2000,-- ( for drivers between 21 and 24 years of age )
NZ$ 2500,- ( for drivers under 21 years ) "
What is the excess bond?
Why is it different between drivers age?
There is another options that is "Liability Damage Waiver" ,
the excess and bond can be reduced to :
NZ$ 250,- ( for drivers aged 25 and over )
NZ$ 500,- ( for drivers between 21 and 24 years of age )
NZ$ 750,- ( for drivers under 21 years )
Should I pay 16 NZ$ more to get this one instead?
2007-01-21
13:46:12
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3 answers
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asked by
RackmanagerPro
3
in
Insurance & Registration