§ 8A-1. Limitation on charges for collision damage waivers that renters of motor vehicles may pay.

(a)

Definition. Collision damage waiver ("CDW") means any product a consumer purchases from a car rental company in order to waive all or part of his or her liability in the event of a collision, other damage to, or loss due to theft of, a rental vehicle.

(b)

Limitation on price of collision damage waiver. No person or corporation which rents a private passenger motor vehicle to another person or corporation may, in a rental agreement of thirty (30) continuous days or less, sell or offer to sell a collision damage waiver at a price higher than the actual cost to cover the terms and conditions expressed in said waiver.

(Ord. No. 90-30, §§ 2, 3, 4-3-90)

Editor's note

Sections 2 and 3 of Ord. No. 90-30, adopted April 3, 1990, have been included herein at the discretion of the editor as § 8A-1.