Damage Waivers protect you from certain financial responsibilities for loss (including theft), and damage to the rental truck and towing equipment.
Two different Damage Waivers are offered:
a) Physical Damage Waiver (PDW) where you have $0 responsibility for any loss or damage.
b) Limited Damage Waiver (LDW) where you are responsible for the first $500 of loss or damage.
“Curbing” the tires are excluded from these Damage Waivers.
PDW and LDW are not insurance, they are optional damage waivers. 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.
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.
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 DAMAGES AND LOSSES.
For the full brochure, please click here..
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