M.Sc., B. Eng. (Mech) & Minor in Technopreneurship, National University of Singapore Quality Assurance San Diego United States
Your rental car company may call it a Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW), and—even though it is not actually a form of insurance—it may also be referred to as Collision Damage Waiver or Loss Damage Waiver insurance. What is Loss Damage Waiver (LDW) for Rental Cars. Loss Damage Waiver, also known as LDW, is an optional product that waives your financial responsibility for any loss or damage incurred to the rental vehicle, provided you have not violated the Rental Agreement's Terms and Conditions. Damage waiver or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW), is optional damage insurance coverage that is. A Loss Damage Waiver (LDW) is a particular type of insurance which is often offered when you are renting a vehicle and it is sold by a rental car company. When you buy car rental insurance, what's covered—and what's not?.