Collision Damage Waiver. Optional car rental insurance that reduces or eliminates the renter's liability or damage deductible should there be damage to the rental car.
A provision in a car rental contract in which the rental company charges an extra fee to the renter and in turn agrees to waive its right to recoup losses due to damage inflicted upon the vehicle. Most of the time these policies come with a non-waiverable deductible, which can often also be reduced by purchasing Super CDW, or zero excess insurance. Collision damage waivers usually do not cover windows, tires, roof, undercarriage, interior, side mirrors, incidents which occur while on a ferry or damage due to vandalism or acts of nature. Many US and Canadian credit cards will cover this policy up to 30 and 45 days, respectively. Also known as LDW (Loss Damage Waiver)
Collision Deductible Waiver. That coverage which, in the event our insured's car is damaged in an accident which is the fault of an identified Uninsured Motorist, waives (or eliminates) the deductible requirement under the collision coverage when repairing the auto. (See Collision; Deductible)
Collision Damage Waiver. Daily insurance fee paid by a car renter to cover liability for accident damages to a rented car.
CDW is a provision in car rental contracts in which the renter is charged an extra fee for coverage and in turn the rental company agrees to waive its right to recoup losses due to damage that has been caused to the vehicle. Most policies come with a non-waiverable deductible that the renter is responsible for if damage is done to the rental vehicle. Often times the deductible amount can be lowered by purchasing Super CDW or zero excess insurance at time of pick up. Many major US and Canadian credit cards will cover this insurance for 30 days and 45 days, respectively. Please be sure to check with your credit card company to make sure they cover CDW. CDW is also known as LDW (Loss Damage Waiver).
Collision Damage Waiver. Optional car rental insurance that is offered at the time of rental that can insure the driver against certain costs if the vehicle is in an accident and damaged.
Collision Damage Waiver. Cost objective
Collision Damage Waiver. Cost Sharing System (CSS)
Collision Damage Waiver. Copier minimum