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collision damage waiver (CDW)

A collision damage waiver (CDW) is an agreement with an auto rental company in which the renter is released from liability for collision damage to the vehicle in exchange for a fee, subject to the terms of the rental agreement or a state statute if one exists.

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collision damage waiver (CDW)

A collision damage waiver (CDW) is an agreement with an auto rental company in which the renter is released from liability for collision damage to the vehicle in exchange for a fee, subject to the terms of the rental agreement or a state statute if one exists.

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It is not insurance but a contractual obligation subject to many restrictions.

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