In the case of a valid damage claim, the security bond amount is the maximum dollar amount (cost) which you are responsible to pay per incident. The applicable security bond amount depends upon the package selected at the point of booking the vehicle. The amount(s) will be charged to the payment method used to book the vehicle.
The security bond amount is payable regardless of fault. If it is then deemed that you are not at fault in an accident, this amount will be refunded to you.
Please note that irrespective of the selected package, the traveller's liability is not limited in those cases which are excluded in the terms and conditions or if the terms and conditions have been breached by the traveller and this causes or contributes to any damage.
SHAREaCAMPER organises compulsory liability coverage for all Travellers renting vehicles.
When hiring a vehicle, travellers can either stick with the compulsory Standard Liability Reduction 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 Premium 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 liability reduction provided by SHAREaCAMPER..
Standard Liability Reduction and Premium Liability Reduction pricing and security bonds are dependent on the vehicle type hired. Pricing is as follows:
|Vehicle Type||Standard Liability Reduction||Standard Liability Reduction Bond||Premium Liability Reduction||Premium 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.