If I rent a vehicle while traveling on university business, should I obtain the insurance from the rental agency? [1]
When using the university’s contracted agencies (as required by policy [2] for business travel), the optional Loss/Collision Damage Waiver (also known as DW, CDW and LDW) is already included in the rate agreement for business rentals and should be declined. Accepting the Loss/Collision Damage Waiver Option would simply duplicate the negotiated agreement benefits. The Loss/Collision Damage Waiver is included on business rentals only. See additional FAQs [3] regarding vehicle rental at the University’s Travel Website.