The basic commercial car insurance for car rental includes 3rd Party Liability and Collision Damage Waiver, an additional Windshield and Tire Coverage can be added. Usually, the deductible is $2000 CAD, it varies depending on the type of insurance, type of driver’s license, age of the driver, etc.
The deductible is the minimum payment amount for insurance coverage. For example, the deductible is $1,000 CAD. If the user rents a vehicle and collides during the rental period, if the cost of the collision is less than $1,000 CAD, it will be paid by the user. If the cost is greater than $1,000, the insurance company will pay for the portion over $1,000.