CODE
|
DEFINITION
|
COMMENTS
|
ALI |
Additional liability insurance |
ALI provides additional protection for bodily injury or death PLUS property damage |
ASC |
Airport service charge |
Premium location surcharge applied by airport authorities for terminal and off- terminal locations |
CDW |
Collision damage waiver |
Collision damage waiver is an optional service that relieves the customer of responsibility for any damage to the vehicle. If declined, the customer will be responsible for any costs incurred. |
VLF/RFL |
Vehicle license fee/Road fund license |
Government imposed levy for each rental car in the car provider’s fleet |
LDW |
Loss damage waiver |
Renters may purchase loss damage waiver (LDW) that relieves them of all financial responsibility for loss or damage to the rental car as long as they comply with the terms of the rental agreement. |
LSC |
Location service charge |
Premium location surcharge applied for car company rental locations in “premium” locations |
PAE |
Personal Accident & Effects Insurance |
See PAI/PEP – PAE is combination |
PAI |
Personal accident insurance |
Personal Accident Insurance covers the renter and passengers if they have an accident during the rental as a driver or passenger. It covers accidental death, some medical expenses and assistance and rescue. |
PEP/PEC |
Personal effects protection / coverage |
Personal Effects Protection insures the personal belongings of the renter and the immediate family members who are travelling with the renter. |
SLI/EP |
Supplementary liability insurance / extended protection |
The Supplemental Liability Insurance option covers the renter’s liability to third parties, resulting from an automobile accident in a rental vehicle to a specified maximum value for each occurrence |
TP |
Theft protection |
If the rental car is stolen, this will cover the cost of replacing it (or parts of it). Normally, however, the renter will have to pay an excess towards these costs. |
YDS |
Young driver surcharge |
A surcharge payable by young drivers under a specified age |
ID |
Car rental membership program |
|
CODE
|
DEFINITION
|
COMMENTS
|
ADV |
Advance booking notice |
Some rates require an advanced booking period |
CD |
Corporate discount programme |
Corporations can negotiate corporate discounted rates with car providers, which are triggered using a pre-defined corporate discount number |
Commissionable |
A commission is paid to the booking travel agency |
Most rates are commissionable unless they have been specifically negotiated with a corporation where the fulfilment travel agency is paid a service fee instead |
FFP |
Frequent flyer programme |
Airline programme allowing the accumulation of air mileage awards for a car booking |
FT |
Frequent traveller |
Frequent traveller number allowing the identification of the traveller with regards to a Frequent Flyer Programme |
Non- commissionable |
No commission is paid to the booking travel agency |
|
O/W |
One Way rental |
A car rental where the car is picked up and dropped off at different rental locations belonging to the same car provider. Depending on the provider and the type of rental, a one-way rental may incur a supplementary fee |
PC |
Promotion code |
|
RC |
Rate code |
A specific product code used by the car provider to identify the product being offered for sale |
REQ |
Request basis |
A car rental booking (identified as REQ or NN) which requires specific confirmation by the car rental company before being ‘confirmed’ to the customer. |
UNL |
Unlimited mileage |
The is no limitation as to the number of miles that may be driven in the rental car. This is the opposite to a “time and mileage” rental where a fixed number of miles is defined, with an excess charge being applied for each mile driven by the renter in excess of the pre- defined limit |