Damage Waivers
What is Physical Damage Waiver (PDW) and Limited Damage Waiver (LDW)?
PDW and LDW are not insurance, they are optional damage waivers. Physical Damage Waiver (PDW) has $0 responsibility. Limited Damage Waiver (LDW), where you are responsible for the first $500 of loss or damage. PDW & LDW protect you, regardless of fault from:
- All loss (including theft) of, and/or damage to the rental truck, towing equipment, and any other accessories (all of which together are referred to as the “Vehicle”)
- Loss of use of the Vehicle, and any reduction in value of the Vehicle
- All towing, storage, impoundment and related expenses, plus Budget’s administrative expenses in processing the loss and damage claim
You can avoid or limit this responsibility by purchasing PDW or LDW at participating locations. PLEASE NOTE THAT, SUBJECT TO ALL APPLICABLE LAWS, IF YOU PURCHASE PDW or LDW AND VIOLATE ANY OF THE TERMS OF YOUR RENTAL AGREEMENT, THEN THE PDW or LDW THAT YOU HAVE PURCHASED IS VOID AND YOU BECOME RESPONSIBLE FOR ALL DAMAGE AND LOSS.
Some terms of PDW and LDW coverage vary by State. For terms that apply to your rental, check your rental agreement. Additional information may also be found in brochures, notices, or on signs at the rental counter.
EXCLUSIONS TO PDW AND LDW?
Overhead damage and “curbing” the tires are excluded from PDW and LDW. Overhead damage is any damage caused to the truck when the point of collision is above the cab. Tire curbing is any damage to a wheel and/or tire as a result of colliding with a curb.