Glossary term
Damage waiver (CDW/LDW)
Damage waiver (CDW/LDW): The rental company's agreement not to charge you for damage to the rental, for a daily fee.
Where this term matters
Guides and entries on this site that use the term.
Guide
Non-Owner Insurance vs Rental Car Insurance
How a non-owner policy compares with the rental counter's liability supplement and damage waiver, and with credit-card rental coverage.
Guide
Non-Owner Insurance and Car-Sharing Services
What coverage hourly car-sharing and peer-to-peer rental services include, where the gaps are, and whether a non-owner policy fills them.