1. Collision Damage Waiver (CDW): CDW provides coverage for damage to the rental car itself in the event of a collision, regardless of who is at fault. It is important to note that CDW does not cover damage to personal property or to other vehicles involved in the accident.
2. Loss Damage Waiver (LDW): LDW provides coverage for damage to or theft of the rental car, regardless of who is at fault. LDW is more comprehensive than CDW and covers a wider range of scenarios.
3. Liability Insurance: Liability insurance provides coverage for injuries and property damage caused to others as a result of an accident involving the rental car. It is important to note that liability insurance does not cover damage to the rental car itself.
In most cases, the rental car company will require you to purchase at least CDW and LDW before you can take the car off the lot. You can also purchase additional coverage, such as personal accident insurance and roadside assistance, if you wish.
The cost of rental car insurance varies depending on the type of coverage you purchase, the length of your rental, and the rental company. You can compare rates from different companies to find the best deal.
It is important to carefully review the terms and conditions of the insurance coverage before you purchase it so that you understand what is and is not covered.