EXCESS REDUCTION OPTIONS Sample Clauses
The Excess Reduction Options clause allows a party, typically in an insurance or rental agreement, to lower the amount they would be personally responsible for in the event of a claim or loss by paying an additional fee. This clause outlines the available options for reducing the standard excess (the deductible or out-of-pocket amount), often presenting different tiers or levels of reduction based on the extra payment chosen. Its core practical function is to give customers flexibility in managing their financial risk, making it possible to limit unexpected expenses in case of damage or loss.
EXCESS REDUCTION OPTIONS. The Hirer may nominate the Stress Free Plus, Stress Free, or Risk Taker options for
EXCESS REDUCTION OPTIONS. The Hirer may nominate the Stress Free, Chance it and Risk Taker options for Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free”, “Chance It” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option.
EXCESS REDUCTION OPTIONS. The Customer may nominate an option for insurance coverage of the Vehicle. The excess/bond payable in respect of the Vehicle or any incident shall be in accordance with the insurance package option selected by the Customer at the time of renting and specified in the Rental Agreement and the excess applicable to such option will apply together with the appropriate rate of payment for such option.
EXCESS REDUCTION OPTIONS. The Hirer may nominate the Stress Free Plus, Stress Free, or Risk Taker options for Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option. Subject to the exclusions in clause (11) below, Your “Excess” (the amount You must contribute towards the cost or repair of the vehicle) if the vehicle is involved in an accident or is damaged while on hire is: Risk Taker Excess/Bond Stress Free Excess/Bond Stress Free PLUS Excess/Bond $7500 $0 $0 STAR RV STRONGLY RECOMMENDS THAT OUR HIRER TAKE THE STRESS-FREE PLUS EXCESS REDUCTION OPTION TO TRAVEL WITH COMPLETE PEACE OF MIND.
EXCESS REDUCTION OPTIONS. The Hirer may nominate the Stress Free Plus, Stress Free, or Risk Taker options for Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option. Subject to the exclusions in clause (11) below, Your “Excess” (the amount You must contribute towards the cost or repair of the vehicle) if the vehicle is involved in an accident or is damaged while on hire is: EXCESS/BOND EXCESS/BOND $3,000 $0 $0 consent;
EXCESS REDUCTION OPTIONS. The Hirer may choose the options for excess reduction cover coverage of the Vehicle. But ▇▇▇▇▇▇ Rental Vehicles has the right to refuse any such reduction.
EXCESS REDUCTION OPTIONS. A. The Hirer may nominate the Stress Free Plus, Stress Free, or Risk Taker options for Excess Reduction Cover of the Vehicle. The Bond payable in respect of the Vehicle or any incident shall be in accordance with the Excess Reduction Cover package option selected by the Hirer at the time of renting and specified in the Rental Agreement, being either of the “Stress Free Plus”, “Stress Free” or “Risk Taker” options, and the excess applicable to such option will apply together with the appropriate rate of payment for such option.
B. Subject to the exclusions in clause (11) below, Your “Excess” (the amount You must contribute towards the cost or repair of the vehicle) if the vehicle is involved in an accident or is damaged while on hire is: Vehicle type Risk Taker Excess/Bond Stress Free Excess/Bond Stress Free Plus Excess/Bond Car $3,000 $0 $0 Crib, Crib+ $3,000 $0 $0 Condo, Chaser, Coaster, Compass, Cruiser $5,000 $0 $0