Collision Damage Waiver (‘CDW’) is usually, but not always provided by the rental company in Europe.
Without this cover, if damage to the rental vehicle exceeds the Excess, you would otherwise be responsible for the full amount. In other words, you may be responsible for the entire vehicle value.
Collision Damage Waiver (‘CDW’) may sometimes be referred to as Loss Damage Waiver (‘LDW’). Rentals in the USA, Canada, South Africa, Australia and other countries may not include CDW, check your rental agreement.