Damage Waiver covers collision damage to your vehicle.
The Collision Damage Waiver (CDW) covers collision damage to your vehicle. It is convenient and can save you money!
The Collision Damage Waiver takes the place of the physical damage to the vehicle (collision, fire, theft, comprehensive) component of full coverage insurance. This low payment would be added on to your regular monthly lease payment.
You will still be required to carry and have liability insurance coverage through the insurance company of your choosing, but even with this, choosing to sign up for CDW is often a cost effective alternative to full coverage insurance.
If you are interested or would like more information, please call Orbit Leasing at 800-734-0170 or click the either link below to see the CDW Agreement form or the CDW brochure.
Collision Damage Waiver Collision Damage Waiver Brochure