Collision damage waiver definition
Collision damage waiver means any contract or contractual provision, whether separate from or a part of a motor vehicle rental agreement, whereby the lessor agrees, for a charge, to waive any and all claims against the lessee for any damages to the rental motor vehicle during the term of the rental agreement.
Collision damage waiver means a contract or contractual provision, whether separate from or a part of a rental agreement, whereby the rental company agrees, for a charge, to waive claims against an authorized driver for all, or any portion of, damages to the rental vehicle, loss due to theft of the rental vehicle, or damages resulting from the loss of use of the rental vehicle.
Collision damage waiver. (CDW)” where applicable and when
Examples of Collision damage waiver in a sentence
Collision damage waiver insurance is required when renting a car for business travel.
CDW (Collision damage waiver) is mandatory in Norway and covers damage to the driver, passengers, other people's vehicles and other people's property.
All Lessor’s offers include basic insurance with deductible excess and liability Collision damage waiver (CDW) and Theft protection waiver (TPW) and Third-party liability protection (TPI).
More Definitions of Collision damage waiver
Collision damage waiver means an agreement between the renter and the rental company in which the company waives its right to impose a financial obligation on the renter or authorized driver if the vehicle is returned with physical damage.
Collision damage waiver means if a hire car is damaged during the hire period You could be liable for the equivalent of the first £150 - £550 (approximately) and have Your credit card charged. In some cases the amount could be higher and varies according to the hire company, category of hire car and location. The Collision Damage Waiver covers the amount above the excess.
Collision damage waiver means that, provided the Waiver is purchased before commencement of the Rental, the Lessor will reduce the Liability of the Renter, to the liability amount reflected on the Rental Form, in respect of Damage to the Vehicle, save in respect of the circumstances set out in clause 14;
Collision damage waiver means the special property damage coverage purchased by an individual renting an automobile under which the rental company waives any right to recover property damage to the automobile from that individual regardless who is at fault.
Collision damage waiver means, for the purpose of this regulation, the contractual agreement between an automobile rental company and the consumer renting an automobile whereby the rental company agrees to forfeit its right to recover property damage to the rented automobile from that consumer, regardless of fault.
Collision damage waiver means the excess reduction option described in clause 19.1d) which may be purchased by the Hirer for an additional fee; ‘CDW-Excess’ means the amount identified as the CDW-Excess in the Rental Agreement;
Collision damage waiver an optional product purchased by the User to reduce the amount the User pays if the vehicle is damaged, lost or stolen while it is in the User’s possession.