Do you know what your insurance policy covers if you get into a car accident? According to a recent study, only about half of the time does collision damage waiver (CDW) actually cover the full cost of repairs. Worse yet, people who have CDW insurance are more likely to file a claim than people without CDW coverage. So, why is CDW such a popular option? Read on to learn more about this controversial insurance policy.
The study found that collision damage waiver (CDW) is not as reliable as many believe.
The study found that only about half of the time does CDW actually cover the full cost of repairs. Additionally, the study found that people who have CDW insurance are more likely to file a claim than people without CDW coverage. In fact, the study found that for each dollar that a person spends on CDW insurance, they are only likely to receive about 60 cents back in reimbursement.
In fact, the study found that only about half of the time does CDW actually cover the full cost of repairs.
When it comes to CDW insurance, it’s important to understand that it’s not always reliable. According to the study, only about half of the time does CDW actually cover the full cost of repairs. This means that you may have to pay out-of-pocket if something goes wrong with your car. Additionally, the study found that people who have CDW insurance are more likely to file a claim than people without CDW coverage. This means that you may end up spending more money in the long run if you don’t have CDW insurance.
Additionally, the study found that people who have CDW insurance are more likely to file a claim than people without CDW coverage.
The study found that, on average, people who have collision damage waiver insurance (CDW) are more likely to file a claim than those who do not have CDW coverage. The study also found that claims filed involving CDW policies are typically more expensive for the insurance company than claims filed without CDW coverage.
While it is important to have CDW in order to protect your vehicle in the event of a claim, it’s also important to be aware of the potential risks associated with having CDW coverage. By understanding the facts about CDW, you can make informed decisions about whether or not to add this type of insurance to your policy.
Given these findings, it is important that people are aware of the limitations of CDW insurance so that they can make informed decisions about whether or not to purchase it.