Author: mikedemko
-
What Is a Collision Damage Waiver (CDW)? Definition and Coverage
What Is a Collision Damage Waiver? Car rental agencies offer an optional collision damage waiver (CDW), which helps pay for damage to the rented car. This waiver is sometimes called a Loss Damage Waiver (LDW) or Physical Damage Waiver. The waiver’s cost depends on various factors, including the rental car type and where the vehicle…