can auto insurance charge you a deductible after ur car is fixed even though your vehicle was hit while parked

Question

I recently reported a hit and run to my insurance to have my vehicle fixed. My vehicle was parked on the street in front of my home and it was struck somewhere in the middle of the night. The other party fled the scene. I was now charged for a deductible. Is this something insurances can do?

Answer 1

You are responsible for the deductable unless you can identify the vehicle that hit you. Fact of life.

Answer 2

To answer your question, yes they can.

An insurance policy is a contract and when you signed the application you agreed to all the terms. Most people don't read their policies, but if they did they would learn a lot. You might not like what you read but you would be better informed.

When you buy the personal automobile policy the agent should explain that 1st party (1st party =claim paid to the policyholder) vehicle damage claims come with a deductible no matter who is at-fault. That is one of the terms of the policy contract.

3rd party (claims paid to somebody other than the policyholder) do not have a deductible.

If the other party was known your company would go after them or their insurance company to get back both the money your company paid to you and your deductible.

Answer 3

When you take out a policy, you are able to select levels for each one of the individual coverages. The deductible is the level of coverage you select for Comprehensive and Collision coverage. The higher the deductible, the lower the insurance premiums because you are accepting more of the risk. Some insurance companies will write ACV which is zero deductible. Not all will.

Answer 4

You save money on premiums by having a deductible. You pay the deductible when there is an accident. As stated, if you find who hit your car, the insurance company can help get your money back.

Answer 5

Yes it is. When you purchased the coverage, you obviously took collision coverage with a certain deductible. This is a collision claim, therefore the deductible applies. Should you be able to determine who the hit and run driver was, it is possible for your insurance company to fight with his to get your deductible back. Good Luck.

Answer 6

yup, that's still a collision claim and therefore u pay the deductible. some states offer unisured motorist property damage coverage (hit & run is covered under um). check & see if this is available in your state. it's not too expensive and u wouldnt have to pay your deductible if this happened again. however, some state won't allow u to carry both umpd AND collision on the same car. so you'll need to find out about that too.

Answer 7

hiya:

Anytime you make a claim under your comprehensive or collision coverage you will be responsible for your deductible. It's called co-insurance.

Some states require full coverage for safety glass - so you wouldn't have to pay anything if your windshield got broken out. Some states allow you to purchase full-glass coverage.

Unfortunately, hit and runs won't qualify for any kind of full payment coverage.

:-(

~jifr!