Understanding LDW: Meaning, Uses, and Importance | |
LDW stands for Loss Damage Waiver, a term commonly used in the car rental industry. It is not technically insurance but rather a waiver that shifts financial responsibility from the renter to the rental company in case the vehicle is damaged or stolen during the rental period. By purchasing LDW, the renter is typically relieved from having to pay for repair costs or the full value of the car, depending on the terms and conditions of the agreement. LDW is often offered as an optional add-on when renting a vehicle. While it can increase the overall cost of the rental, many travelers choose it for peace of mind, especially when driving in unfamiliar locations or under uncertain conditions. Some credit cards or personal auto insurance policies may already provide similar coverage, so renters are advised to check their existing coverage before purchasing LDW. | |
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Target Prov.: All Provinces Target City : Arizona Last Update : Aug 07, 2025 4:12 AM Number of Views: 13 | Item Owner : PamelaLewis Contact Email: Contact Phone: (None) |
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