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Collision deductible waiver: With this optional policy feature, your insurer will waive your deductible in certain situations, such as if the accident is caused by an uninsured or underinsured driver.
Your deductible is your share of your vehicle’s repair costs after an accident. For example: If you must file a claim, and your deductible is $500 — and the body shop’s bill is $3,000 ...
The deductible portion of car insurance or other insurance. ... liability insurance, collision damage waiver, personal accident insurance, and personal effects insurance. Credit cards typically ...
Damage waiver (DW) or, as it is often referred to, collision damage waiver (CDW) or loss damage waiver (LDW) is a term that can be included or purchased as an option in a car rental agreement, by which the rental company waives the right to pursue compensation from the renter if the vehicle is damaged or stolen. [1]
Vehicle insurance in the United States (also known as car insurance or auto insurance) is designed to cover the risk of financial liability or the loss of a motor vehicle that the owner may face if their vehicle is involved in a collision that results in property or physical damage. Most states require a motor vehicle owner to carry some ...
Personal injury protection could also refer to personal injury insurance or coverage, which is insurance in any context which includes coverage for personal injury, particularly coverage for emotional distress (typically negligent infliction of emotional distress rather than intentional infliction of emotional distress), libel, or defamation as ...
Deductibles: Your regular auto insurance policy deductibles (collision and comprehensive) might still apply to the rental car. Purchasing additional coverage at the rental agency could offer lower ...
Like accident insurance, disability insurance pays the insured directly if they are injured in a way covered by the policy. However, disability insurance only pays if the injury prevents the insured from working. [3] Accident insurance benefits are paid whether or not the insured misses work as a result of the accident.