Can I avoid paying the damage fee?
In the event of an accident, Modo members pay a damage fee up to the first $1,000. There are two options available for individual members to avoid paying the damage fee:
Enrolling in the Damage Pool reduces your damage fee to $0 should you be involved in an accident, including at-fault accidents. The Damage Pool is optional—it costs $50 annually and expires after being used in the event of an accident.
It costs $50 to re-enrol after an accident. The Damage Pool covers all Modo vehicles. Members must be enrolled in the Damage Pool prior to an accident. All individual members are eligible to join our Damage Pool.
Collision Loss Damage Insurance (CLDI):
Reduce your damage fee to $0 by paying your Modo statements and/or invoices with a credit card that offers Collision Loss Damage Insurance (CLDI). The cost of damages is covered by the insurer. Please check with your credit card company if you qualify. CLDI does not cover trucks or cargo vans.
Please note: Individual members choose insurance options when signing up online and can adjust them under their Account Settings at their convenience.