What’s the Security Bond?

Our insurers require our Renters to provide a Vehicle Security Bond. This Bond can be provided either by credit card payment equal to your chosen insurance excess liability or by cash (minimum $500) to the value of the insurance excess plus $100.

In either case, the Vehicle Security Bond will be refunded upon satisfactory return of the vehicle.

Due to cash minimisation requirements of our insurers, cash deposits will be refunded by cheque. Where a Vehicle Security Bond is paid by eftpos or credit card, it will be refunded by the same method, but a handling charge of 2% will apply.