The rental car company’s collision damage waiver/loss damage waiver (CDW/LDW) could save more than your insureds’ financial stability. When it comes to advising about rental car coverages, your own neck is on the line. This is the stuff that E&O claims are made of.

First and foremost, educate yourself. Know what’s covered by those seemingly steep fees, so you can explain them to your client. For more information, click on your home state:

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