Collision Damage Waiver (CDW) reduces insurance excess, both own damage and third party damage by 50% waiver in the event of any accident. Hirer can opt in for CDW by paying additional 6% to 10% of total rental, depending on vehicle type.
Note:
- CDW is only applicable to selected vehicles under Economy Car/Economy MPV.
- CDW is not applicable for Malaysia Entry bookings.
Illustrated as below:
Total Damage cost: S$5,450 to own vehicle, S$4,360 to third party vehicle.
Without Insurance | Insurance Excess (Without CDW) | Insurance Excess (With CDW) | |
Total Amount (Own Damage) | S$5,450 | S$3,270 (inclusive of GST) | S$1,635 (inclusive of GST) |
Total Amount (Third Party Damage) | S$4,360 | S$3,270 (inclusive of GST) | S$1,635 (inclusive of GST) |
TOTAL PAYABLE | S$9,810 | S$6,540 (inclusive of GST) | S$3,270 (inclusive of GST) |