Loss damage waiver (LDW)

Loss damage waiver (LDW),

Definition of Loss damage waiver (LDW):

  1. Rental-car insurance option that (when availed of upon payment of additional premium) relieves the customer of damages arising from loss of the car or any damage to it provided it is driven in accordance with the terms and conditions of the rental agreement.

Meaning of Loss damage waiver (LDW) & Loss damage waiver (LDW) Definition