Deposit: amount blocked -but not necessarily debited - on the credit or debit card, or on the electronicmoney account opened by the Potential Driver at the Electronic Money Institution and intended to covercertain costs that may be charged to the Driver after a Carsharing has ended, such as fines, some Costsor the Deductible.


Applicable franchise for the different CarAmigo countries:


Belgium


Deductible: in case of an accident or theft whose responsibility partially or totally befall on the responsibility of the Driver, a deductible of 750 EUR will be charged to the Driver (except otherwise stipulated within the Specific Insurance Conditions). In order to do so, the part of the Deposit corresponding to the Deductible will actually be paid to AXA by the Driver and may amount up to 750 EUR. In the case of theft by embezzlement, the Deductible will be increased by 2000 EUR, or if it is impossible to block or charge this amount on the payment modality originally used by the Driver, AXA compensation paid to the owner will be reduced by 2000 EUR including taxes.


In the case of an accident or event involving several Vehicles insured by the same agreement, it is stated that the Deductible separately applies to each vehicle.


Portugal


Deductible: in case of an accident which responsibility falls partially or totally under that of the Driver, a Deductible will be charged to the Driver if the share of the damages not caused by the third party exceeds the amount of the Deductible itself. In order to do so, the amount initially retained as Deposit will be partially or totally paid to the Owner, while the compensation to be paid by the Insurer to such Owner will be reduced by the same amount:


In the case of an accident or event involving several Vehicles insured by the same agreement, it is stated that the Deductible separately applies to each vehicle.


1. Standard Deductible: the amount of the Deductible will depend on the power of the Vehicle:

  • For a car which power does not exceed 75 kw (around 100 hp), the Deductible will amount to 500 EUR
  • For a car which power is comprised between 75 kw (around 100 hp) and 112 kw (around 150 hp) the Deductible will amount to 750 EUR
  • For a car which power exceeds 112 kw (around 150 hp), the Deductible will amount to 1250 EUR


2. Reduced Deductible: as an alternative to the above-mentioned standard Deductible, the Driver will be given the possibility to reduce the Deductible, hence the retained Deposit, to 250 EUR against the payment of an additional Booking Fee:

  • For a car which power does not exceed 75 kw (around 100 hp), the additional Booking Fee will amount to 2 EUR
  • For a car which power is comprised between 75 kw (around 100 hp) and 112 kw (around 150 hp), the additional Booking Fee will amount to 3 EUR
  • For a car which power exceeds 112 kw (around 150 hp), the additional Booking Fee will amount to 4 EUR.