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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]
Full coverage premiums are based on, among other factors, the value of the insured's vehicle. This coverage, however, cannot apply to rental cars because the insurance company does not want to assume responsibility for a claim greater than the value of the insured's vehicle, assuming that a rental car may be worth more than the insured's vehicle.
Myth #2: Red cars cost more to insure. One of the most persistent myths about auto insurance is that insurance companies charge more to insure red cars.
6. Don’t file unnecessary claims. This is a big one, because nothing will jack up your premium faster than filing a damage claim. Of course, it's sometimes necessary to file a claim — after ...
Traffic Message Channel (TMC) is a technology for delivering traffic and travel information to motor vehicle drivers.It is digitally coded using the ALERT C or TPEG protocol into Radio Data System (RDS) [1] carried via conventional FM radio broadcasts.
If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com. Q.U-Haul banned me from renting their products because I was associated with a friend who owed ...
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