Home > Term: Loss damage waiver (LDW)
Loss damage waiver (LDW)
The optional Loss Damage Waiver is not insurance. It's a coverage option that relieves renters of financial responsibility if the car is damaged or stolen while under car rental contract.
- Part of Speech: noun
- Industry/Domain: Transportation
- Category: Car rental
- Company: Budget
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Creator
- Harry8L
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(London, United Kingdom)