CDW, PAI, & SLP Flashcards
What is CDW?
Collision Damage Waiver. It waives the customer’s financial responsibility to the vehicle
Is CDW insurance?
No. It is a waiver of responsibility
What are CDW Costs?
Retail: 16.99/day Dealership: 13.99/day Insurance: 10.99/day Body Shop: 13.99/day Corporate: 16.99/day SWAGS and Sport cars: 19.99/day Airport: 22.99/day
What is PAI?
Personal Accident Insurance
What benefits does PAI provide to the renter and passengers?
Loss of life: $100,000-R/$10,000-P
Medical Expense: $3,500 both
Ambulance expense: $150 both
What is the maximum (aggregate) payout per PAI claim?
$130,000
Who underwrites PAI?
Empire Fire & Marine Insurance Company
Who handles PAI/PEC claims?
Xchanging
What is SLP?
Supplemental Liability Protection. Insurance purchased to cover the customer up to 1 million dollars before the customer’s personal insurance takes over
What company handles SLP claims?
Empire Fire & Marine through Cambridge