insurance car

"Accessories"
The CDW

With this guarantee, the company assumes the risks arising from use of the car, irrespective of whether the driver. At the extreme, the CDW agreed to cover a "full value" is compensable any damage caused to their vehicles, even those resulting from acts of vandalism, or for example, natural disasters or riots.

This version of the bill, however, is the most expensive. A less onerous coverage is "first loss" means the compensation is equal to a fixed ceiling contract, regardless of the value of the car.

One of the most common formulas CDW is the "first relative risk" is decided on a ceiling for reimbursement, but not in absolute terms but as a percentage of the value of the vehicle (in this case, you should pay close attention to the correctness of the value insured, to avoid the application of the so-called "proportional rule").

Other types of formulas are kasko "according to risk" (a "first relative risk"with, in addition, a substantial deductible) and the "collision" (also called "mini-CDW), which provides the only damage Recoverability resulting from a collision with another vehicle identified.

The CDW is not operational, less than foreseen in the contract with additional coverage for a fee, in case the contractor circles without complying with the law: driving without a license, for example, is normally invalidate the Recoverability.