To prohibit rental car companies from imposing liability on renters, with certain exceptions, to prohibit such companies from selling collision damage waivers in connection with private passenger automobile rental agreements of not more than 30 days, and for other purposes.
Collision Damage Waiver Act - Prohibits rental car companies, in private passenger automobile rental agreements of 30 days or less, from: (1) holding any authorized driver liable for any damage, with specified exceptions; (2) offering to sell any collision damage waivers for any of the specified exceptions or any applicable deductible; (3) bringing an action for damage against such a renter who is a U.S. resident except in the renter's home State; or (4) requiring or requesting a security deposit for damage during the rental period or pending resolution of any dispute.
Subjects rental car companies to a penalty of from $500 to $1,000 for each violation of this Act.
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Commerce, Consumer Protection and Competitiveness.
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