Is Loss Damage Waiver different from Insurance at Hertz?

Need help deciding which cover to choose? Let's explore the differences between the two to help you make an informed decision when renting a car with Hertz.

What is Loss Damage Waiver?  

When renting with Hertz, a loss damage waiver is a great addition to your rental to waive your financial responsibility for any loss or damage to the vehicle.

But let’s be clear, a Car Rental Loss Damage Waiver (LDW) is not the same as insurance. A damage waiver only covers damages to the rental car. In contrast, insurance can cover a broader range of situations such as liability for injuries to other people and their property. While insurance is typically required by law, a damage waiver is an optional addition to your rental and does have exclusions and limitations. That’s why it’s important to read the terms and conditions carefully to understand what it covers and what it doesn't.

After carefully considering each option, you can then choose a cover that best suits your needs. For a short-term Hertz rental, a damage waiver might be the more affordable option.

Benefits of Loss Damage Waiver

• Protection against damage to the rental car: The Hertz Loss Damage Waiver program offers protection against damages to the rental car. This coverage provides peace of mind for renters knowing they won't be held responsible for unfortunate incidents such as scratches or broken parts.
• Reduced liability in case of an accident: Even if you drive carefully, accidents are sometimes unavoidable. A Loss Damage waiver saves you from paying high damage recovery costs for such events. As Hertz will manage the damage claim themselves, it makes it more convenient for you.
• Peace of mind for renters: A damage waiver puts your mind at ease and allows you to take advantage of your rental without worrying about future damages or accidents.

By considering these factors and understanding the benefits of a damage waiver, renters can make a more informed decision when renting a car from Hertz.

Costs of Loss Damage Waiver compared to Insurance

A damage waiver is typically priced as a daily fee, which can vary depending on the location and rental period. It can also vary with the type of car rented, with high-end or luxury vehicles often carrying a higher daily rate. To calculate if a loss damage waiver is worth it for you, multiply the daily fee by the number of rental days to get a total estimate.

Compared to insurance, Loss Damage Waivers are generally cheaper because they offer only collision and theft damage protection. Insurance covers everything from car damage to theft protection, third-party protection, and personal property damage (note: this may vary with specific packages). This is why insurance options tend to have a much higher premium.

When deciding whether to purchase a damage waiver, renters should compare the cost of their personal insurance coverage against the potential risks associated with renting a car.

Limitations of Loss Damage Waiver

While a Loss Damage waiver comes with several benefits, it does not cover damages caused under the following conditions:

1. A violation of the Terms and Conditions will render a loss damage waiver inactive, preventing it from covering any loss or damage.
2. Intentional damage caused by the renter, or any other person authorized to drive the rental car, along with damage caused by reckless driving.
3. Damage caused while driving under the influence of drugs or alcohol.
4. Damage to specific areas such as tires, mirrors, or windshield wipers.
5. Loss of or damage to any personal belongings left in the car.

Although a damage waiver offers safety and coverage against vehicle damage, it does not exempt renters from liability for any damages incurred while driving the rental car. You may still be held liable for damages not covered by the waiver.

How to purchase a Loss Damage Waiver with Hertz

When renting your vehicle with Hertz, you can purchase your Loss Damage Waiver for an additional fee either in person or by visiting our website.

If renting your vehicle online, follow these instructions to add a damage waiver protection plan to your rental:

1. During the rental process, go to the “Choose Your Extras" page, scroll down to the "Protection" section and select "Loss Damage Waiver (LDW)".
2. Before you apply the policy, review the terms and conditions of the LDW and select the "Add LDW" button to add it to your rental.
3. Complete the rest of the rental process by entering your personal information, payment information, and any other requested details.
4. Review your rental details and confirm your reservation.

After you add your LDW plan to your rental, remember to keep a copy of your waiver in a safe place as you may be required to present it for damage claims to respective authorities.

So, what are you waiting for? Secure your rental today with the Hertz loss damage waiver policy and enjoy extra peace of mind when out on the road.