We've got you covered
from just $5.35/day.
Protect your interests on the road from just $5.35/day!
What does CDW cover?
We know that accidents are costly, even with excess coverage. That’s why we’ve introduced Collision Damage Waiver (CDW), exclusively for our GrabRentals hirer-partners!
From 15-Feb-2021, hirer-partners who sign a contract with GrabRentals and opt-into the CDW scheme will see accident excess reduced by 88%, which means you could possibly pay as low as $535. No more hefty costs!
We will also provide you with a free replacement vehicle!
All these from just $5.35/day!
With CDW*
Without CDW
Section I
(inclusive of GST)
Section II
(inclusive of GST)
Section I
(inclusive of GST)
Section II
(inclusive of GST)
3rd Party
$0
$0
$0
$0
High Liability
$535
$535
$4,280
$4,280
Own Damage
(Inclusive of Act of God Incidents & Accidents in Malaysia)
$535
$535
$4,280
$4,280
Stolen Vehicle
$535
$535
$4,280
$4,280
Damage to Windscreen
$107
Under 26 years old and/or under 1 year driving experience
The main hirer and authorized relief driver who are under the age of 26 years old and/or under 1 year driving experience will have to pay an additional $1,605 (GST included) on top of the charges stated above.
What if I have two counts or more of 'Own Fault' accidents while driving the rented car?
If the Renter and/or authorised driver(s) have met two (2) counts of ‘Own Fault’ accidents or more, the Renter shall be liable to pay $6.42 per day to reduce insurance excess to S$1,284.00 (for each section) instead of the excess amount indicated in Original (without CDW), as indicated in the next table.
Free replacement vehicle will still be provided.
With CDW*
Without CDW
Section I
(inclusive of GST)
Section II
(inclusive of GST)
Section I
(inclusive of GST)
Section II
(inclusive of GST)
3rd Party
$0
$0
$0
$0
High Liability
$1,284
$1,284
$4,280
$4,280
Own Damage
(Inclusive of Act of God Incidents & Accidents in Malaysia)
$1,284
$1.284
$4,280
$4,280
Stolen Vehicle
$1,284
$1,284
$4,280
$4,280
Damage to Windscreen
$107
Under 26 years old and/or under 1 year driving experience
The main hirer and authorized relief driver who are under the age of 26 years old and/or under 1 year driving experience will have to pay an additional $1,605 (GST included) on top of the charges stated above.
Terms & Conditions
- To be eligible for this, hirer must:
- Have a valid PDVL or TDVL
- Rent from GrabRentals’ own fleet
- Fulfill minimum rental period
- Make timely payment of all rental charges at all times
- Make timely reporting of all accidents, thefts & other incidents in accordance with the Rental Agreement
- No opt-out from this scheme is allowed.
- The scheme will terminate automatically on the following day after the hirer returns the vehicle to GrabRentals and terminates the rental agreement.
- This accident excess coverage applies only for the Renter & any authorised driver who is registered as a relief driver with GrabRentals via the relief driver form and has a valid Private Hire Vocational License or Taxi Driver Vocational License. Drivers who do not fulfil these two criteria will be subjected to the standard (without CDW) accident excess.
- Please refer to the table below for the start of excess coverage for GrabRentals’ Driver with new reservation or existing rental contract.
Existing Rental Car
New Reservation
- A replacement vehicle will be provided to the Renter, subject to availability, where the vehicle model provided will be at the sole discretion of GrabRentals.
- Venue for the collection of the replacement vehicle will also be at the sole discretion of GrabRentals.
- Coverage of the scheme applies to the Renter’s original rented car and also 1 replacement vehicle. If the aforementioned replacement vehicle needs to be replaced due to another accident, the Renter will have to purchase a new CDW to cover the second replacement vehicle.
- In the event of a conflict or inconsistency between the terms of this CDW opt-in form and those of the rental agreement, the terms of this CDW opt-in form shall control and govern the rights and obligations of the Renter.
- GrabRentals reserves the right to withdraw, amend and/or alter any part of this scheme and its terms and conditions at any time without prior notice.
- The Renter will not be able to withdraw from this scheme until he/she has returned the vehicle and terminated his/her contract with GrabRentals.
