Loss Damage Waiver definition

Loss Damage Waiver means a merchant ’s agreement
Loss Damage Waiver means a merchant's agreement to not hold a consumer liable for loss from all or part of any damage to merchandise.
Loss Damage Waiver means the loss damage waiver described on the Rental Document as LDW which reduces Your financial responsibility for loss or damage to the Vehicle to the Excess Amount;

Examples of Loss Damage Waiver in a sentence

  • The full cost of the rental must be charged to the card and the rental agency’s Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) must be declined.

  • This Certificate replaces any and all certificates previously issued to the Cardmember with respect to the Policy.This Certificate of insurance outlines what Car Rental Theft and Damage Insurance is and what is covered along with the conditions under which a payment will be made when a Cardmember rents and operates a RentalAuto but does not accept the Collision Damage Waiver (CDW), Loss Damage Waiver (LDW), or their equivalent offered by a Rental Agency.

  • For cover to apply on this Policy, You must also have taken out separate Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW) insurance to cover Your Rental Vehicle.

  • Travelers using rental cars should include Supplemental Liability Insurance (SLI) and Loss Damage Waiver (LDW) when renting.

  • You are responsible for the acts and omissions of an Authorised Driver or any other person You allow to drive the Vehicle and neither You nor any unauthorised driver will have the benefit of the Loss Damage Waiver option or Excess Reduction option (if accepted or included in Your rate) if You allow an unauthorised driver to drive the Vehicle.


More Definitions of Loss Damage Waiver

Loss Damage Waiver means damage to any glass that forms part of the Hired Vehicle, Tyres and Wheel Rims.
Loss Damage Waiver means the loss damage waiver described on the Rental Agreement as LDW which reduces Your financial responsibility for loss damage to the Vehicle to the Excess Amount;
Loss Damage Waiver means the loss damage waiver described on the Rental Document as LDW which reduces Your financial responsibility for loss or damage to the Vehicle to the Excess Amount; ‘Manufacturer’s Specifications’ means the specifications of the manufacturer of the Vehicle as set out in the Vehicle’s operations manual located in the glove box of the Vehicle;
Loss Damage Waiver and "Extended Liability Coverage" are not considered reimbursable. Prepaid fuel or refueling charges at the time of return are not reimbursable. Rental cars should be refueled before returning to the rental company, since gas purchased through the rental company carries an expensive refueling service charge.
Loss Damage Waiver means a rental company’s
Loss Damage Waiver. “PDW” means Partial Loss Damage Waiver The Vehicle may be equipped with global positioning satellite (“GPS”) technology or other telematics system and/or an event data recorder, and pri- vacy is not guaranteed. The electronic locator device may use cellular telephone or radio signals to transmit data, and therefore your privacy cannot be guaranteed. “Loss of Use” means the loss of our ability to use the Vehicle for any purpose – including non-rental uses such as display of the Vehicle, display of the Vehicle for sale, non-revenue transportation by employees - due to damage to it or loss of it during this rental. Loss of Use damages are often difficult to determine exactly; therefore, you and we agree that Loss of Use for this rental will be calculated by mul- tiplying the number of days from the date the Vehicle is damaged or lost until it is replaced or repaired times the daily rental rate. “Diminished Value” means the difference between the value of the Vehicle just prior to damage or loss and the value of the Vehicle after repair or replacement. “Vehicle License Cost Recovery Fee” means our esti- mate of the average per day per vehicle portion of our total annual vehicle licensing, titling, and registration costs
Loss Damage Waiver means a rental company's agreement to not hold a business liable for loss from all or part of any damage to merchandise.