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What is CDW (Collision Damage Waiver)?

CDW collision damage waiver
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What is CDW (Collision Damage Waiver)?

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With your Navy Federal Visa® or MasterCard®, you automatically have CDW coverage when you rent a car for 15 days or less and pay for the rental with the covered card. The insurance is secondary to any other applicable insurance or coverage available to you. Coverage includes physical damage and theft of the rental vehicle, reasonable towing charges, valid loss-of-use charges imposed by the auto rental company, as well as your deductible and any other eligible amounts not covered by other insurance. Only you as the primary renter of the vehicle and any additional drivers permitted by the auto rental agreement are covered. Certain terms, restrictions and exclusions apply. For more information, please refer to your Auto Rental Insurance Guide. If you need a copy of the guide, please call 1-888-842-NFCU (6328), international numbers.

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