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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 ...
Although it involves a transfer of risk, a damage waiver option is not insurance but instead a modification to the basic rental contract. [2] In many countries, it is a legal requirement to have a damage waiver included in the basic car rental rate. Some rental companies also offer liability insurance and coverage of towing charges. Terms and ...
The short answer: In most cases, you likely don't need to purchase additional coverage for the rental car if your own car insurance policy adequately covers you and the rental. Your existing ...
Most rental car companies offer insurance to cover damage to the rental vehicle. These policies may be unnecessary for many customers as credit card companies, such as Visa and MasterCard, now provide supplemental collision damage coverage to rental cars if the rental transaction is processed using one of their cards. These benefits are ...
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."