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The collision damage waiver (CDW) is perhaps one of the most popular options among customers. This coverage protects against damage to the rental car in case of an accident. According to the Insurance Information Institute (III), CDW can be particularly useful for those who are not covered by their primary auto insurance policy or who have a low liability limit. The cost of CDW can vary depending on the type of vehicle rented and the duration of the rental period. Customers are advised to carefully consider their needs and budget before purchasing this coverage.
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Caring for Your Car Cover
Comprehensive and collision policies are two key components that often come into play when discussing theft-related claims with Progressive insurance. While collision covers damage from accidents involving other vehicles or objects, comprehensive handles broader risks like theft. Both are optional add-ons to liability coverage but are essential for protecting against financial losses due to non-accident events.