Why Singapore Rental Drivers Need Collision Damage Waiver (CDW)

What is Collision Damage Waiver (CDW) and Why Singapore Rental Drivers Need It

Posted on August 2025

If you're a rental driver in Singapore, whether full-time or part-time, protecting yourself from unexpected costs should be a top priority. Accidents, unfortunately, are part of the risk that comes with driving regularly, especially in busy city traffic. That’s where Collision Damage Waiver (CDW) comes in.

But what exactly is a collision damage waiver, and why is it such an essential form of rental driver insurance in Singapore?
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Understanding Collision Damage Waiver (CDW)

Collision Damage Waiver is not traditional insurance. Rather, it’s a protection plan that limits your financial liability if the rental vehicle you're driving gets damaged in an accident.

Let’s say you're driving a rented car and accidentally hit another vehicle. Your rental company will charge you an accident excess, which can be as high as $4,000 to $5,000. With CDW, you can reduce that amount to as little as $500, depending on the coverage terms.

Why Singapore Rental Drivers Need CDW
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Here’s why CDW is a smart move for drivers in Singapore:
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1. Protect Yourself from High Accident Costs
Singapore vehicle rental contracts can come with high accident access. With CDW, you avoid large, unexpected expenses if something goes wrong.

2. Drive with Confidence
Whether you're driving for a rental fleet, ride-hailing service, or private hire, having CDW gives you peace of mind knowing you’re covered.

3. Cover your Relief Drivers
Some CDW options also offer to cover your relief drivers, so they can also enjoy the same peace-of-mind.

How to Get CDW in Singapore

At Gigacover, we offer a simple, fast, and flexible collision damage waiver in Singapore. Designed with rental drivers in mind, our CDW plans start from as low as $0.50/day, providing comprehensive protection that’s affordable and easy to manage.

Final Thoughts

If you’re a rental driver in Singapore, protecting your livelihood with the right rental driver insurance is not just smart, it’s necessary. Collision damage waiver ensures you’re covered from large financial losses, allowing you to focus on driving without the stress of unexpected repair bills.

Ready to protect yourself?
Click here to purchase now.