The Compulsory Third Party (CTP) Insurance under the Road Protection Act provides limited injury and death cover to anyone injured or killed in an accident. The driver is protected up to Baht 10,000 and all other parties up to Baht 50,000 only.

The Comprehensive Motor Vehicle (CMV) Insurance provides protection for own vehicle damage as well as liability protection against any third party injury, death or vehicle damage.

We strongly recommended you select both of the following options to give yourself the peace of mind needed to enjoy your driving in Thailand.

1.) Loss Damage Waiver (LDW)

Unless specifically stated, Budget rental rates do not include coverage for CMV Insurance. Budget Thailand offers LDW coverage, at a daily cost of Baht 200 This will then limit your responsibility to the stated excess amount, subject to your compliance with the Rental Agreement.

Should LWD be declined, Budget will require evidence that you, the hirer, have the means to pay the full cost of any own damage and third party claims.

The vehicle excess is Baht 5,000 for cars and Baht 10,000 for trucks. Please refer to Item 3 on your rental agreement for details of use restrictions, which, if contravened, will void LDW.

If LDW is purchased, Budget's liability does not apply until after exhaustion of all your or your company's liability insurance and protection.

2.) Personal Accident & Effects Insurance (PAE)

PAE Insurance is an optional protection plan that can be purchased at time of rental for Baht 100 per day and provides additional protection up to a maximum of:

The maximum amount payable under this cover is Baht 1,000,000 on any one accident. The Personal Effects extension excludes money and covers damage, loss or theft of your personal effects and baggage arising from an accident in your rental vehicle.

The driver at the time of accident must have been authorized within the rental agreement, as coverage is void for unauthorized drivers.

To obtain cover under these plans, simply ask the Budget representative at time of rental and sign your acceptance of cover on your rental agreement.

All claims require the full completion of a Budget Accident Report Form. Please note that Budget does not provide bail bond with any of its insurance policies.

The protection we provide is supported by independent Thai Registered Insurance Companies and details of the vehicle insurance policy may be obtained upon your written request.

Write To: Budget Car and Truck Rental, 19/23 Bldg.A., Royal City Aye, New Petchburi Rd, Bangkok 10320, Thailand.