SHAREaCAMPER organises compulsory liability coverage for all Travellers renting vehicles.
When hiring a vehicle, travellers can either stick with the compulsory Standard Liability coverage where they pay a standard daily rate and provide a security bond of up to AUD $7.000 (depending on the value of the vehicle). Travellers also have the option of purchasing Liability Reduction coverage for an extra daily fee to reduce their security bond and liability in the event of an accident or damage to the vehicle which is not covered by the fleet insurance provided by SHAREaCAMPER..
Standard Liability and Liability Reduction pricing and security bonds are dependent on the vehicle type hired. Pricing is as follows:
|Vehicle Type||Standard Liability||Standard Liability Bond||Liability Reduction||Liability Reduction Bond|
|Tier 1 Vehicle||$5/day||$2,500||$15/day||$500|
|Tier 2 Vehicle||$10/day||$5,000||$25/day||$800|
|Tier 3 Vehicle||$15/day||$7,000||$35/day||$1,000|
Security Bonds will be charged to the Traveller's credit card 7 days before the start of the hire. This amount will the automatically refunded 7 days after the hire except in the event of an accident or damage to the vehicle while it's out for hire.
Germany only offers Standard Liability for a security bond of 1000€.