Collision damage waiver

{
  "id": "MLC-T-LAW-001061",
  "term": "Collision damage waiver",
  "field": "Law",
  "definition": "An optional agreement offered by rental car companies that relieves the renter of financial responsibility for damage to the rental vehicle. This waiver is not insurance, but rather a contractual agreement between the renter and the rental company. It typically covers damage from collisions, theft, and vandalism, subject to specific terms and exclusions.",
  "url": "https://mlchart.com/terminology/law/collision-damage-waiver/"
}