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Basic Collision Damage Waiver (CDW for short) limits the liability due to vehicle damages and/or theft and includes the Mandatory TPL. Purchasing inhouse CDW. Collision Damage Waiver (CDW). This isn't insurance. Rather, CDW is an agreement with the car rental company by which it gives up or waives its right to recover. As one typical line in a credit card's fine print puts it, "You must decline the optional collision/damage waiver (or similar coverage) offered by the rental.

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It is also important to note exclusions to the Loss Diamage Waivers (LDW/CDW) sold by car rental companies. LDW is not insurance; it is a waiver of the right. Collision Damage Waiver (CDW). This isn't insurance. Rather, CDW is an agreement with the car rental company by which it gives up or waives its right to recover. How Auto Rental Collision Damage Waiver works with other insurance Your car insurance or other insurance, along with any unreimbursed portion of.

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Collision Damage Waiver (CDW) is a standard part of the Worldwide Car Hire Excess Insurance policy and applies on trips in or through the USA and Canada. However, purchasing CDW insurance through the car rental company can nearly double the cost of your rental, so it's a good idea to do your research before you. A: For domestic rentals this benefit covers the rental vehicle for physical damage, vandalism, and theft. Coverage does not apply to lost or stolen personal.