There are some major disagreements on what the place of a Collision Damage Waiver (CDW) is among renters. Some claim a CDW is just another way of ripping of the renter, while some business men suggest it is necessary. Some traveling business men suggest that a good way to save money is by declining the CDW, but you need to be careful of how to proceed. If you decline the CDW when renting a car, you are basically bound by a promise to bring back the car in the same exact condition as when you first rented it. If it is damaged from any cause, whether it is your fault or not, you will have to pay to fix the damage.
An additional fee that some companies add is the loss of use charge. A loss of use” charge charges you to reimburse them for the rental income they could have made if the car had not been in the shop. Loss of use charges are not allowed in all jurisdictions, but it is a major enough fee that you need to know ahead of time. Because of the CDW requirement, it is always a good idea when picking up the car to walk around and make sure it does not have any dings or visible damage that you might be charged for. If you find any, call them to the attention...
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