Collision Damage Waiver

(CDW) An agreement, which can be included in a car rental agreement, where the rental car company agrees to waive the renter's responsibility for any physical damage to the rental car in exchange for an additional payment.

Other users also searched for some of the following glossary words and FAQs.

Similar Glossary Words

• CDW
• Collision Damage Waiver
• Personal Automobile Insurance
• Comprehensive Coverage

Similar FAQs

• Do I need to buy insurance from the rental car company if I have my own personal automobile insurance?
• What are the benefits of a renters policy?