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 ...

A credit card enthusiast and avid traveler, Lori has visited more than 60 countries, many of them using credit card points and frequent flyer miles. She has lived in Spain as a freelance writer ...

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 ...

Finally, the terms usually require the renter to decline the car rental agency’s collision damage waiver. The CDW provides coverage for damage done to the car if there is an accident or theft ...

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 ...