Excess Reduction Cover
When you hire a car from Apex Car Rentals you are covered by Standard Motor Vehicle Insurance. However, there are three options offered for excess liability coverage. The following is a guide to the different excess options available.
$2,000 Excess Cover
All cars hired by Apex Car Rentals include Standard Motor Vehicle Insurance for no extra charge. Our basic Standard Motor Vehicle Insurance carries an excess liability (or deductible) of $2,000.
This means that in the unfortunate event that the rental vehicle is involved in an accident or is damaged, you are liable for the first $2,000 of any damage costs. As the renter you are liable for the excess regardless of whether you are 'at fault' or not.
When the vehicle is repaired and the final costs are known, Apex will refund the difference between the total cost and the excess amount charged, if applicable. The $2,000 excess is the maximum amount you will be charged.
$500 Excess Cover
As mentioned above, all cars hired by Apex Car Rentals include Standard Motor Vehicle Insurance for no extra charge. However, you can choose to reduce your excess liability to $500 with this option.
To reduce your excess liability to $500 simply select the second ‘Excess Reduction’ option on the ‘Extras’ step when making your reservation.
By selecting this option you reduce your maximum excess liability to $500. As the renter you are liable for the excess regardless of whether you are 'at fault' or not.
When the vehicle is repaired and the final costs are known, Apex will refund the difference between the total cost and the excess amount charged, if applicable. The $500 excess is the maximum amount you will be charged.
Zero Excess Cover
With our zero excess coverage you get the same Standard Motor Vehicle Insurance, but you can travel with peace of mind knowing that in the event of an accident or damage to the vehicle you’re fully covered. Zero Excess Cover means zero liability.
To reduce your excess liability to $0 simply select the third ‘Excess Reduction’ option on the ‘Extras’ step when making your reservation.
We strongly recommend all renters take out Full Cover Excess Reduction / Collision Damage Waiver (CDW) coverage for peace of mind motoring.
For more information on insurance coverage, excess reduction, and the hirers liability please refer to our Rental Terms and Conditions.