Save on Rental Car Insurance

Omega's Insurance Excess Waiver Rates (CDW) are the Cheapest in the Country!

Here's all the fine print you need to know...

Option 1

All our vehicles our covered by insurance, however an excess applies of NZ$2000 ($2500 for 18-20 year olds and those on a Restricted/Australian red P1 licence).  We offer COLLISION DAMAGE WAIVER (CDW) Insurance to drivers over 20 years of age, which reduces this excess to NIL.  CDW may be added to your rental at a rate of NZD$15.00 per day for a minimum 4 day hire (NZD$18.00 for MPV, SUV, Family SUV, Premium SUV, 4WD Sport Stationwagon & Premium Elite).  Slightly higher daily rates for CDW apply for shorter hires and these will be shown on the rental options page as you progress through the online booking process.

Note: We do not hire specialty vehicles (MPV, SUV, Family SUV, Premium SUV, 4WD Sport Stationwagon and Premium Elite) to drivers under 21 or drivers on a Restricted/Australian red P1 licence.

Option 2

STANDARD INSURANCE excess is NZD$2000.00.  If an accident occurs while the car is on hire you are liable for NZD$2000.00 or the cost of repair, whichever is the lesser amount.  The excess applies to damage to the vehicle or damage caused by the vehicle.  This covers damage to both the rental car and third party vehicles or property up to the value of NZD$1,000,000.00.

Conditions (apply to both Options 1 & 2)

The Hirer must be 18yrs or over. Credit card details are required to secure a booking, but no charge is made until you uplift your rental vehicle (a $1 pre-auth is charged to your card upon booking and is returned within 7 days). Payment is taken in full upon collection.

Note: In all cases the credit card holder must be present upon the collection of the vehicle, be included on and sign the Rental Agreement. Alternately a bond of $2000.00 is required.

A Debit Card (such as Visa Debit, Debit Mastercard or Prepaid Travel Card) is accepted as security when hiring a vehicle, however a bond is required to be charged to the card and this will be refunded upon safe return of the vehicle. The bond is $400.00 where the hirer has taken Omega’s Collision Damage Waiver (CDW) or $2000.00 ($2500.00 for 18-20 year olds) if CDW is declined.


Drivers under 21 / Restricted Licence

Note that for hirers who are 18-20yrs of age or those on a RESTRICTED or Australian Red P1 licence driver's licence a NZ$2500.00 insurance excess applies and the hirer is not able to purchase Collision Damage Waiver insurance (CDW).  A NZ$2500.00 bond is required.

Hirers who are 18-20yrs of age and on a FULL or Australian Green P2 licence may purchase CDW for our Today's Deal car category only and in this case, so long as they present a credit card, will not be required to leave a bond.

Insurance Exclusions

The indemnities referred to above shall not apply where the damage, injury, or loss arises when:

(a) The driver of the vehicle is under the influence of alcohol or any drug that affects his or her ability to drive the vehicle ;

(b) The vehicle is in an unsafe or unroadworthy condition, which arises during the hire, of which the Hirer or driver is aware, or should be aware of, and which causes or contributes to further damage or loss.

(c) The vehicle is operated in any race, speed test, rally or contest;

(d) The vehicle is driven by any person not named in clause 3 of this agreement;

(e) The vehicle is driven by any person who, at the time when he or she drives the vehicle, is disqualified from holding, or has never held a drivers license appropriate for the vehicle;

(f) The vehicle is wilfully or recklessly damaged by the Hirer, any person named in clause 3 of this agreement or any other person driving the vehicle under the authority of the hirer;

(g) The vehicle is lost or stolen as a result of wilful or reckless behaviour of the Hirer or any such person;

(h) The vehicle is operated outside the term of the hire, or any agreed extension of the term;

(i) The vehicle is operated in breach of clause 18 of the rental agreement;

(j) In the event the driver is charged with an infringement/ offence as a result of an accident, the Hirer’s liability is increased to the replacement cost of the vehicle, or a minimum of $5000;

(k) The vehicle is operated on any beach or off-road including Ninety Mile Beach, Te Paki Stream Bed, Skippers Canyon, Macetown, beyond Glenorchy, Raspberry Creek and Ball Pass;

(l) Any damage is caused during the fitting or use of snow chains & roof racks while the vehicle is on hire;

(m) In the event of a single vehicle accident the cost of towing and /or salvage of the vehicle will be at the Hirer’s expense;

(n) The vehicle including its accessories is damaged by an item transported inside or outside the vehicle such as skis, snow/surf boards or bicycles;

(o) It is agreed between the owner and the Hirer that section 11 of the Insurance Law Reform Act 1977 shall apply to the above as if this clause constituted a contract of Insurance.  The general effect of this provision is that an exclusion will not apply if the hirer proves on the balance of probability that the damage was not caused or contributed to by the matters to which the exclusion applies.

Download a Sample Contract  (PDF 659kb)

Download our Insurance Quick Reference Guide  (PDF 204kb) - NB: This is not a substitute for the rental contract but a quick guide to some of the key points.