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.

  • Collision damage waiver and accident insurance should be declined.

  • Collision damage waiver coverage is required for the entire period that an automobile is rented within or outside of Canada.

  • Collision damage waiver coverage is required for the entire period that a vehicle is rented.

  • K Collision damage waiver for rental cars (CDW)1 Insured vehicleThe insurance also applies to the vehicle rented by the policyholder.


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 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. (or “CDW”) cover (including Theft Waiver cover) is the means by which your financial liability for any damage to or loss of a Vehicle can be limited to the Excess amount plus the Damage Administration Charge (if applicable). CDW cover is the alternative to insuring the Vehicle yourself (see the ‘Insurance Policy’ below). The cost for CDW cover (if you decide to take out CDW cover) will form part of and be included in the Hire Payment.
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.
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; 1.1.3. “Contract Fee” means an administration fee for conclusion and safekeeping of the Rental Agreement in the amount stipulated on the Rental Form which is charged for each 30 days of rental or part thereof; 1.1.4. “CPA” means the Consumer Protection Act 68 of 2008, including its regulations, as amended or replaced from time to time; 1.1.5. “Damage (s)” means any and all damages, costs or expenses, suffered by the Lessor, of whatsoever nature in relation to the Vehicle whilst the Vehicle was in the possession of the Renter, and includes a Total Loss where applicable. An invoice, job card, quotation or similar document produced by the Lessor shall be regarded as sufficient proof of any such damages, costs or expenditure; 1.1.6. “Day” means a period of 24 hours (or any part thereof), calculated from the time the Vehicle is rented by the Renter; 1.1.7. “Driver” means the person identified on the Rental Form as the Driver and who shall be at least 18 years old and shall hold and shall have a valid, unendorsed, and acceptable driver’s license issued in an official South African language; 1.1.8. “Drop Fee” means a fee that shall be charged when a vehicle is returned to any location that is not the Renting Location; 1.1.9. “Equipment” means equipment such as, inter alia, a navigation device or infant, child or booster seat that may also be booked at the time of booking the Vehicle; 1.1.10. “Lessor” means Hertz and/or Firefly, a division of CFAO Motors (Pty) Ltd which is a Hertz International Franchisee; 1.1.11. “Liability” means the amount payable by the Renter in respect of Damages to the Vehicle which shall include Total Loss where applicable; 1.1.12. “Loss/Damage Administration Fee” means an administration fee charged by the Lessor, per incident, for the processing of claims relating to Damage or loss incurred in respect of, or theft of, the Vehicle, as set out in the Rental 1.1.13. “Parties” means the parties to this Rental Agreement and “Party” means anyone of them as the context requires; 1.1.14. “Processing Fee” means a fee which is charged, per incident, for the processing of parking, speeding or other notices of infringement as well as toll tariffs and e-toll fees, per transa...