Lets' say I buy a travel insurance. It is stated rental vehicle excess of $500. What happens when the repair cost in an accident is $2000?
2007-02-07 21:31:36 · 5 answers · asked by simck 4 in Cars & Transportation ➔ Insurance & Registration
Ask the insurer. It could mean anything ifyou have an accident. Get the facts up front from the insurance company just to be sure.
2007-02-08 00:58:43 · answer #1 · answered by Gone fishin' 7 · 1⤊ 0⤋
You will have to pay the excess of $500, the insurance company will pay the remaining $1500
2007-02-08 05:35:20 · answer #2 · answered by mark 7 · 2⤊ 0⤋
You pay $500, they pay $1500. The excess is effectively the deductible.
2007-02-08 13:55:51 · answer #3 · answered by Anonymous 7 · 2⤊ 0⤋
Ask the agent.
2007-02-15 17:43:38 · answer #4 · answered by ferrariman610 2 · 0⤊ 0⤋
it for hires
2007-02-16 02:59:57 · answer #5 · answered by anubhav_55 3 · 0⤊ 0⤋