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Car rental companies offer four types of vehicle insurance: liability insurance, collision damage waiver, personal accident insurance, and personal effects insurance.
Collision damage waiver (CDW): For a daily fee on top of your rental fee, a collision damage waiver waives fees associated with damage to the rental car from an accident, fire, vandalism, severe ...
It can help pay for damage to a rental truck that might not be covered by your personal car insurance policy. Damage waivers are usually optional, but many insurance professionals recommend them.
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Depending on the length of the rental and the cost of the Damage Waiver, this could be the obvious choice. 65.197.19.240 21:38, 7 August 2008 (UTC) I took out the sentence "Unless you are renting with a good honest company where Damage Waiver (CDW) is a benefit, and will prevent you having to pay your insurance deductible."
A car rental, hire car or car hire agency is a company that rents automobiles for short periods of time to the public, generally ranging from a few hours to a few weeks. It is often organized with numerous local branches (which allow a user to return a vehicle to a different location), and primarily located near airports or busy city areas and ...