Common use of Liability Reduction Standard Liability Clause in Contracts

Liability Reduction Standard Liability. Star RV’s rental charge includes a Standard Liability of $5,000. A bond of $5,000 will be collected from You, by Star RV debiting your credit card, at the time of You signing this Agreement. Payment of this bond is only accepted by credit card. An administration fee equal to the merchant surcharge applies. The Standard Liability can be reduced if You purchase the following Reduction Option: A $0 (zero) Liability Reduction applies to all Campervans and Motorhomes. This Option can be purchased by paying Star RV $65 per day. This total liability option charge is limited to a maximum of 50 days or $3,250 and a minimum payable per segment based on the minimum rental period applicable for your rental. This option covers unlimited windscreen, tyres and demurrage for accidental damage. A Bond of $250 will be collected from You, at the time of You signing this Agreement. This Bond is payable to Star RV by an open signed credit card imprint with an authorisation obtained (sufficient funds must be available) for $250.