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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.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Transportation
- Category: Car rental
- Company: Budget
- Product:
- Acronym-Abbreviation:
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