What Is CDW?
Boxwheel’s Collision Damage Waiver (CDW) is a simple, flexible alternative to traditional physical damage insurance on rented and leased trailers. Boxwheel offers CDW coverage on all equipment types and terms. With no insurance claims and no impact on insurance rates; elect CDW coverage today to make getting on the road affordable, safe, and easy.
“When you rent a box on wheels, the only thing you can sell is customer service”
Why Choose CDW
Our CDW program helps reduce your lump sum premium while protecting your business from major out-of-pocket expenses. Free up capital, time and resources that can be used for your core business.
When CDW Applies
CDW coverage can be added upon taking possession of equipment or even mid-term, scale up and down as needed. Upon mid-term election, equipment inspection will be required.
How to Add CDW
Reach out to your Boxwheel sales rep today to discuss our affordable CDW options. Let us handle the hassle of loss and repairs, you can’t afford not to add CDW today!
CDW Requirements & Important Information
When CDW Coverage Applies
- You must be current on all payments owed under rental or lease agreements
- You must be compliant with all terms and conditions of rental or lease agreement
- A written notice is provided to Boxwheel within 48 hours of occurrence
- A police report is shared for all theft claims and when requested for collision claims
- The damage event occurred in the United States or Canada
What Is a Covered Event
- Collision (police report may be required)
- Fire
- Hail, wind, or tornado
- Theft of the entire trailer (police report required)
- Recovery of unit including towing and storage ($5,000 MAX per event)
What CDW Does Not Cover
- Loading, unloading or improper securing of freight
- Flood
- Cargo loss or damage
- Tire or wheel theft or damage caused by blowouts, flat spots, curbing, vandalism, or negligence
- Negligence or improper use
- Multiple unrelated events grouped into one claim
- Lost or missing equipment without evidence of a covered event
- Losses outside approved coverage territory
FAQ Highlights
Is CDW an insurance policy?
No. CDW is a damage waiver, not insurance. CDW is a waiver of your responsibility to Boxwheel for applicable damage under a covered event. Liability insurance with Boxwheel listed as additional insured is still required.
Do I need to file an insurance claim?
No. Boxwheel manages repair and recovery directly.
Do I need to report a CDW event?
Yes. Provide written notice to Boxwheel within 48 hours of a covered event.
Is there a deductible?
Yes. Deductibles vary based on equipment type and use. A separate deductible applies to each incident/occurrence.
Who handles repairs and salvage?
Boxwheel handles all repairs to covered events along with storage, disposal and/or salvage.
Does CDW cover towing?
Yes. Boxwheel CDW covers up to a max of $5,000 per event, when related to a covered event.
Can I add CDW mid-term?
Yes. Once a trailer passes a damage inspection by Boxwheel, you can be eligible to add CDW coverage.
Other restrictions may apply. Please see Boxwheel Terms and Conditions at boxwheel.com/terms/ for full details.
Contact Us Boxwheel For CDW Coverage Today!
Have questions about CDW or want to add coverage to your trailer rental? Contact your Boxwheel sales representative today. Our team is here to walk you through your options and help you choose the coverage that best fits your operation.