Understanding the basics of our
LOSS DAMAGE WAIVER (LDW)
Give yourself peace of mind by considering the benefits provided by PowerRide Universities Loss Damage Waiver (LDW)!
WHAT IS LDW?
An optional service that waives your financial responsibility for any damage incurred to the training vehicle whilst in the training class.
Full Coverage - No Deductible | $35
$1,000.00 Deductible Plan | $25
WHAT ARE THE BENEFITS OF LOSS DAMAGE WAIVER?
24/7 During Your Class
To the School Vehicle - under normal operating conditions
Damages to PowerRide Universities Student Training Vehicle
Dropping The Motorcycle:
Accidental Drops while operating any Student Vehicle provided by PowerRide University
Any Damage incurred from accidents to any Student Vehicle provided by PowerRide University
• Equipment that is used for a purpose for which it is not designed
• Misuse, abuse, or intentional damage
•Mysterious disappearance and theft
So, if the unexpected happens during your class, you don't have to worry. Your Loss Damage Waiver will relieve you of financial responsibility for any damages incurred to a Student Vehicle provided for your class by PowerRide University.
The LDW is NOT INSURANCE and does NOT protect the student from liability to PowerRide University or others arising out of possession, control or use of the equipment, including injury or damage to persons or property. The LDW is a contractual modification of customer’s liability. The Loss Damage Waiver must be purchased prior to the start of your training session, or you do not have other contractually provided damage coverage,* the person whose name appears on the class registration will be held financially responsible for damages to the training vehicle. It is unlikely that you have other coverage within your automobile insurance policy and/or credit card company* to cover vehicle damages. It is the student’s full responsibility to verify other coverage prior to the start of training with your automobile insurance carrier and/or credit card company.
WHAT DOES LDW COVER?
WHAT DOES LDW