collision damage waiver Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “collision damage waiver” in the English Dictionary

"collision damage waiver" in Business English

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collision damage waivernoun [C]

uk   us   ( abbreviation CDW) INSURANCE
a ​type of ​insurance you can ​buy when you ​rent a ​car, so that you do not have to ​pay to ​repair it if it is ​damaged: Before you take out a ​collisiondamagewaiver, ​check your ​autoinsurancepolicy to see if you're already ​covered.
(Definition of collision damage waiver from the Cambridge Business English Dictionary © Cambridge University Press)
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