Investopedia / Michela Buttignol A collision damage waiver (CDW) is an added benefit sold by car rental agencies that covers damage to or loss of a rental car. A collision damage waiver (CDW ...

Employees are instructed to decline the optional collision damage coverage (physical damage coverage) when renting a vehicle for university business and traveling in the United States, Puerto Rico and ...

There are four main types of rental car insurance, each covering a person or property who might be involved in an accident: Collision damage waiver covers damage, theft or vandalism related only ...

Collision damage waiver (CDW) — also called a loss-damage waiver (LDW) — is not technically an insurance product. It's designed to relieve or "waive" renters of financial responsibility if the ...

Most importantly, if you're relying on your credit card's included auto rental collision damage waiver to protect you, whether you're cruising around the country or renting a vehicle overseas ...