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 ...

The Platinum Card® from American Express has secondary rental car insurance with optional flat-fee primary coverage.

Michelle is a lead editor at Forbes Advisor. She has been a journalist for over 35 years, writing about insurance for consumers for the last decade. Prior to covering insurance, Michelle was a ...

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 ...

Finally, your credit card's terms usually require that you decline the car rental agency's Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW). What's the difference between LDW and 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 ...

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 ...

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 ...