Auto insurance deductible question?

Question

I am involved in an accident and it's the other person's fault. Would I need to pay the deductible amount myself if I go through my own insurance to get the car fixed?

Answer 1

If you go only through your company then yes you will have to pay the deductible. I don't see why you would want to do that though, because even if it isn't your fault, if your insurance is the only company to pay then you will be charged with the accident and your insurance rates will go up. Tell the claims adjustor exactly what happened, they will help determine fault, and should go after the guilty party to get the money to fix your car and you shouldn't have to pay the deductible.

Answer 2

Yes, you would need to pay the deductible, which is the amount you agreed to pay upfront for any issues resulting a loss covered by your policy. If it was the other person's fault, I think you should still report it to you insurance company, and have them work it out with the other person's insurance company. If the other person does not have insurance, then you will have now choice to use your insurance, pay the deductible and then possible sue the other driver.

I there are a few good examples of how deductibles work with auto insurance on the following blog post if you are interested:

http://www.blog.aiquote.net/deductible-auto-insurance-policy/

Answer 3

Talk to YOUR insurance company. They should have your best interests since they have a contract with you. If I understand this, the other company denied the claim and your insurance company has tried to get back THEIR money plus YOUR DEDUCTIBLE from the at fault party and/or the parents of the kid. Your company has a vested interest in recovering their money and resources (lawyers who sue) Since they got nothing, it could be that this person/parents are judgment proof, meaning they have nothing to go after. Your insurance company may have already sued them, so if you do, you are wasting your money, since if they have sued them, they are suing for THEIR MONEY AND YOUR DEDUCTIBLE. Granted everyone wants to sue and you are thinking about the principle involved, which I understand. But even if you win a suit, if they have nothing, you get a judgment and no money;;;;;; Call your insurance company and ask them what they have done. IF they filed suit, verify that they have included your $500 deductible, which they should show. good luck

Answer 4

If it's the other persons fault, they should be paying for your loss. You can get started now by paying the deductible and making the claim on your full coverage insurance. When your insurance company goes after the other party to be reimbursed, ask them to also collect and refund your deductible.

Answer 5

Have you reported the accident to your insurance company? Did you get the other person's information? If it is the other person's fault, their insurance company should cover damages to your car. If it was your fault, then you would need to pay the deductible yourself. Contact your insurance company representative for details!

Answer 6

If you want/need to get the car fixed quicker, you normally have to pay the deductible, and it is repaid from the tpl of the other driver. If the other driver has no insurance, and no assets, (this is why you buy uninsured/underinsured motorist coverage), you may not get the deductible back.

Answer 7

It depends on who you have for auto insurance. Some companies want it up front and others don't want it until the repair is finalized. call your insurace company and find out.

Answer 8

the others driver will cover your car, if you go and do it yourself, you have to pay the deductable and risk a price increase in the premium

Answer 9

Yes. Hopefully your company can subrogate (or recover) the entire amount of repairs from the other party and refund your ded. amount.

Answer 10

Yes.