When renting a car, you may be offered two types of insurance: collision damage waiver (CDW) and liability insurance (LDW). Both types of insurance can be useful, but it's important to understand the difference between the two before deciding which one to purchase.
CDW is insurance that covers damage to the rental car. This can be helpful if you're worried about accidentally damaging the car. LDW is insurance that covers damage to other people or property if you're involved in an accident while driving the rental car. This can be helpful if you're worried about being held responsible for damages.
Is CDW the same as excess insurance?
There are a number of key differences between CDW (collision damage waiver) and LDW (loss damage waiver). CDW is insurance that covers the costs of damage to a rental car, up to the vehicle's cash value. LDW, on the other hand, is insurance that covers the costs of a rental car if it's stolen or damaged beyond repair. Both types of insurance have their own pros and cons, so it's important to understand the difference before deciding which one is right for you. This specialized site offers more information.
What is included in CDW?
There are a few key differences between CDW and LDW. For one, CDW is typically included in the price of your rental car, while LDW is an optional add-on. CDW also covers damage to the rental car itself, while LDW covers damage to other property, such as other vehicles or buildings. Finally, CDW typically has a deductible, while LDW does not.
What is LDW when renting a car?
There are a few key differences between CDW and LDW when renting a car. CDW (Collision Damage Waiver) is insurance that covers damage to the rental car. LDW (Loss Damage Waiver) is insurance that covers the cost of the rental car if it is stolen or damaged. Both CDW and LDW may be included in the price of the rental car, or they may be offered as an add-on.
There are a few key differences between CDW and LDW insurance. CDW is typically included in the price of your rental car, while LDW is an optional add-on. LDW may also cover damages to personal belongings or third-party property, while CDW generally only covers the rental car itself. Finally, LDW typically has a higher deductible than CDW.