损失免赔协议 Loss Damage Waiver (LDW)

关键定义 KEY DEFINITION

Loss Damage Waiver（LDW，损失 damage 豁免）是 Rental Car Company offered optional waiver of renter liability for vehicle damage when renting—— 非 insurance 而是 contractual waiver，coverage gap exist vs personal auto policy—— credit card secondary coverage may apply if primary declined LDW。