Question: what is the difference between loss damage waiver and collision damage waiver?
Answer: Collision Damage Waiver (CDW) - is not insurance, but an agreement to waive the costs of damage to your rental vehicle if it is involved in a collision. ... Loss Damage Waiver (LDW) is the collective name for CDW and Theft Protection (TP) which also covers the costs of replacing the car if it is stolen.