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Motor
Vehicle Insurance
Inclusive
daily rental rates include vehicle insurance
and third party liability, including property
cover, and Loss Damage Waiver (LDW). Please
note that an excess applies to all rentals.
If a customer is involved in an accident that
cannot be recovered from a third party or
there is a loss, they will need to pay a Baht 20,000 excess for car categories CPMR, MCAR, ECAR a Baht 30,000 excess for car categories CCAR, CVAR, ICAR, FFAR, MVMR 40,000 excess for car categories IFAR, IVAR, FCAR, PCAR, PFAR and LCAR.Insurance coverage is subject
to the terms and conditions of the rental
agreement, but follows generally accepted
international standards.
Detailed
below are the coverage of international standard
Insurance Protection available in Thailand
from Budget :
Compulsory
Third Party (CTP) Insurance - Included in
all Rates
The
Road Protection Act provides limited injury
and death cover to anyone injured or
killed in an accident.
|
COMPULSORY THIRD PARTY
(CTP) INSURANCE - "LEGAL MANDATORY
UNDER THAI LAW"; |
|
LOSS
OF LIFE: |
MAXIMUM |
| DRIVER,
PASSENGER & THIRD PARTY |
100,000 |
Baht |
| DRIVER
WHO ARE AT FAULT |
35,000 |
Baht |
| MEDICAL
COMPERSATION |
|
|
| EMERGENCY |
15,000 |
Baht |
| TREATMENT |
35,000 |
Baht |
Loss
Damage Waiver (LDW) - Included in Net Rates
LDW
provides comprehensive coverage to the renter
for own vehicle damage, as well as liability
protection against third party injury, death
or vehicle and property damage.
| THIRD
PARTY LIABILITY |
| LOSS
OF LIFE: |
|
| LOSS OF LIFE OR BODILY INJURY** |
2,000,000 |
Baht
/ Person |
20,000,000 |
Baht / Accident |
| PROPERTY
DAMAGE ** |
5,000,000 |
Baht / Accident |
| BAIL
BOND: |
200,000 |
Baht |
**
THE CLAIMED AMOUNT IS UP TO THE FINAL
DECISION OF THE INSURANCE COMPANY.
This
coverage limits the renters responsibility
to a maximum of Baht 20,000 excess for car categories CPMR, MCAR, ECAR Baht 30,000 excess for car categories CCAR, CVAR, ICAR, FFAR, MVMR 40,000 excess for car categories IFAR, IVAR, FCAR, PCAR, PFAR and LCAR. in the
event of loss or damage to the rented vehicle
where recovery cannot be made from a third
party, subject to the renters compliance with
the Rental Agreement. In other words, the
maximum exposure that a renter will have in
the event of non-recoverable loss or damage
are Baht 20,000, 30,000 and 40,000,providing the Details
of Use Restrictions at Item 3 of the Rental
Agreement are not contravened. If Use Restrictions
are contravened, the LDW is void.
Terms
and Conditions on the Rental Agreement for
Use
The wording on the rental agreement for use
is as follows:
3) USE RESTRICTIONS: The Vehicle will not
be used or operated by anyone:
A. who is not an Authorized Driver;
B. who allows more passengers to occupy the
Vehicle than there are seat belts or who does
not require all occupants to comply with applicable
seat-belt and child-restraint laws;
C. off regularly maintained and paved roadways;
outside the Kingdom of Thailand;
D. who leaves the Vehicle and fails to remove
the keys, close and lock all doors and close
all windows and the trunk, or otherwise aids
in vandalism or theft of the Vehicle;
E. who does not know how to operate a manual
transmission (if Vehicle has manual transmission);
F. when continued operation of the Vehicle
is likely to cause damage to the Vehicle;
to engage in any speed contest;
G. to carry people or property for hire (unless
otherwise agreed by Budget); to push anything;
to tow anything;
H. who improperly fuels the Vehicle (gasoline
in a diesel-powered vehicle or diesel fuel
in a gasoline-powered vehicle); who improperly
loads the Vehicle or transports weight exceeding
the Vehicle's maximum capacity; to carry hazardous
or explosive substances;
I. if the Vehicle is obtained upon the basis
of false or misleading information; J. who,
as a result of reckless misconduct, damages
the Vehicle or causes personal injury or property
damage to others;
K. while intoxicated or under the influence
of any substance that impairs driving ability;
L. during the commission of a felony or for
the transportation of illegal drugs or contraband;
M. where insufficient height or width exists.
4) VEHICLE LOSS AND DAMAGE: Renter is not
responsible for Vehicle loss or damage caused
by acts of God or accidental fire that is
not the result of a collision.... ....if there
is a violation of a use restriction, LDW is
void and renter is responsible for all vehicle
loss and damage, related expenses, loss of
use, and an administrative charge as described
above.
5) LIABILITY PROTECTION: if there is no violation
of a use restriction (paragraph 3), Budget
provides automobil liability protection to
authorized drivers for causing bodily injury
(including death) and property damage to others
resulting from use of the Vehicle....
Super
Damage Waiver (SDW) (Accident)
Super
damage waiver (accident) for "Approved
renter." This option can be purchased
at a nominal fee per day depending on your
type of vehicle on rent. Your excess insurance
amount of 0 (zero) baht is applied where
your cost of repair or damage from traffic
accident is now exempted.
|
VEHICLE TYPES |
LOWER
GROUP |
HIGHER
GROUP |
 SUPER
DAMAGE WAIVER (SDW)(ACCIDENT) |
200 |
220 |
PERSONAL
ACCIDENT & EFFECTS (PAE) |
150 |
150 |
THEFT
PROTECTION (TP) |
69 |
99 |
| SPECIAL
WITH WORRY FREE PACKAGE |
380 |
420 |
LOWER GROUP
CPMR, MFMR, ECAR, CCAR, FFAR, MVMR,
ICAR
*PRICE ARE IN BATH PER DAY, VAT "NOT"
INCLUDED |
HIGHER GROUP
IFAR, IVAR, FCAR, PCAR
|
Due to our website technicality, Super
Damage Waiver (SDW) insurances will be available
upon request. If you would like to accept
coverage in your current reservation please
contact e-mail : reservations@budget.co.th
by refering your reservation number.
(Please
indicate your choice of SDW protection with
or without Personal Accident & Effects
(PAE) Coverage)
Personal
Accident and Effects (PAE) Insurance
Personal
Accident and Effects Insurance coverage is
available for drivers and passengers with
protection up to Baht 1 million.This insurance
can be purchased when collecting the vehicle.
|
PERSONAL ACCIDENT
AND EFFECTS (PAE) INSURANCE: |
|
LOSS OF LIFE OR PERMANENT
DISABILITY: |
1,000,000 |
Baht
/ Accident |
| MEDICAL
EXPENSES INCLUDING EMERGENCY: |
250,000 |
Baht
/ Person |
| PERSONAL
EFFECT AND BELONGINGS: |
40,000 |
Baht
/ Vehicle |
Theft
Protection (TP)
Fixed
excess amount of 0 (ZERO) baht in the event
of the rental vehicle is stolen.
SOME
IMPORTANT CONDITIONS OR EXCLUSIONS
OF COVERAGE:
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PERSONAL
ITEMS IN EXCLUSION ARE JEWELRY, MONEY
AND MONETARY DOCUMENTS, IMPORTANT DOCUMENTS
OR SPECIMENS, ETC
IN
CASE OF THEFT, RENTER MUST REPORT THE
INCIDENT TO THE POLICE WITH FULL POLICE
REPORT OBTAINED.
MAXIMUM
PAYABLE AMOUNT UNDER PAE COVERAGE MUST
NOT EXCEED 1,000,000 BATH ON ONE INCIDENT.
AFTER
RENTER SIGN ON TO ACCEPT TREMS AND CONDITIONS,
ALL COVERAGE AND CONDITIONS SHALL TAKE
EFFECT IMMEDIATELY.
RENTED
VEHICLE MUST NOT BE INVOLVED IN ANY CRIMINAL
ACT OR USE OUTSIDE THAILAND'S TERRITORY.
USE
RESTRICTION AT ITEMS 3 OF RENTAL AGREEMENT
MUST NOT BE CONTRAVENED AT ALL TIME.
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| NOTE:
THAI INSURANCE REGULATION INDICATES THIRD
AS PERSONS WHO ARE AFFLICTED BY THE ACCIDENT
DAMAGE BUT ARE "NOT" IMMEDIATE
FAMILY MEMBERS OR SPOUSE OF DRIVER, THEREFORE,
YOUR PARENTS, HASBAND, WIFE OR CHILDREN
WILL "NOT" BE PROTECTED UNDER
THE THIRD PARTY LIABILITY TERM. TO ACQUIRE
A PROTECT, ADDITIONAL PERSONAL ACCIDENT
& EFFECTS INSURANCE (PAE) CAN BE PURCHASED
ADDITIONALLY. **
THE CLAIMED AMOUNT IS UP TO THE FINAL
DECISION OF THE INSURANCE COMPANY.
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