Please remember, for this policy to be in effect your leased vehicle must be returned within the time frame you select (standard or open). Please read the contract details for the exact terms, exclusions, limitations and coverage. Physical damages, like those caused by a collision, are not covered by this policy.
In the policy, you’ll see a phrase ‘single event.’ A ‘single event’ refers to an item on your vehicle or a specific group of related items. For instance, your windshield is considered a ‘single event.’ All four tires are considered a ‘single event.’ This is important to know because each ‘single event’ has a payout cap (either $500 or $1,000 depending on what you select). The policy has a maximum payout of $5,000, meaning the total of all single events cannot exceed this amount. Most excess wear and tear repairs can be made under or at these caps.
Please note, you are responsible for any amount in excess of the ‘single event’ cap or the policy cap.