A collision damage waiver is technically not insurance but waives your financial responsibility if your rental car is damaged or stolen. This coverage is also called a loss damage waiver (LDW).

Before you purchase insurance at the counter ... card's terms usually require that you decline the car rental agency's Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW).

We take a look at the Chase Sapphire rental car insurance provided by the Reserve and Preferred cards to understand how these benefits work and why you need one of these cards in your wallet.

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 rental car is damaged or stolen.

I rented a car from Avis for one day and was unfortunately rear-ended by another car. It was the other driver's fault. Avis ...

This is an optional protection plan, but any minor damages to the rental car will come out of pocket if you choose not to sign a damage waiver. Drivers can also add personal accident insurance or ...

Like many travelers, she passed on the collision damage waiver (CDW) at the rental counter. Why pay $30 to $45 a day when her own car insurance promised full coverage, right? Last year ...

In order for your primary insurance to cover your rental car you need three types of coverage: liability, collision, and ...

Collision Damage Waiver (CDW) insurance is required for car rentals. New York State has contracted with Enterpise Rent-A-Car and National Car Rental. This contract can be used for UB business travel ...

If you do have insurance, this can boost your liability coverage. Collision damage waiver (CDW): If the rental car is damaged, a CDW absolves you from having to pay for repairs (minus a deductible).