This is carsharing.

Tips from our Pros: Avoiding Modo’s Damage Fee

Lesley M., Member Loyalty Team

Modo-TeamMember-Lesley

 

My Modo neighbourhood: Grandview-Woodlands, Vancouver

My Favourite Modo: Any one that’s available and suitable for the task!

Where I Modo: I use Modo to transport people and equipment for CircusWest

My Tip of the Month: Avoid paying a damage fee with Modo’s insurance options

Through our plan with ICBC, our member’s damage fee is $1,000 which means if you’re in an accident, you could be charged up to that amount to cover any damages. But there are two simple ways to avoid paying damage fees.

Damage Pool

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 trucks and cargo vans. 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):

By paying with a credit card that offers Collision Loss Damage Insurance (CLDI), Modo charges the damage fee directly to the insurer. Please check with your credit card company if you qualify. CLDI does not cover trucks and cargo vans.

InsuranceOptions-Modo
Please note: Individual members choose insurance options when signing up online and can adjust them under their Account Settings at their convenience.

Post updated 14 March 2017

 

Modo Co-operative
Vancouver604.685.1393
Victoria250.995.0265
Toll free1.877.226.2277
Mediamedia@modo.coop
Modo Co-operative
Vancouver604.685.1393
Victoria250.995.0265
Toll free1.877.226.2277
Mediamedia@modo.coop
Back to top