Deductable Help

[answers90]

so i hit my frinds side of his car and its gonna cost 700 to fix is that concidered a small claims or am i going to have to pay my 1000 dollar deductable to get it fixed what do i do do i even have to pay my deductable??? please help

 

[djs]

There is no deductible on property damage (damage to your friends car) but the deductible does apply to damage to your car.

Now, this is based on the assumption that you were not driving your friends car at the time. Different answer if you were.

Dan

 

[Public Insurance]

so i hit my frinds side of his car and its gonna cost 700 to fix is that concidered a small claims or am i going to have to pay my 1000 dollar deductable to get it fixed what do i do do i even have to pay my deductable??? please help

Which car has the $700 in damage, your car or your friends car? Also, are you going to file a claim to repair your car or your friends car?

John

 

[answers90]

700 to fix his theres nothing done to ours we are just leaving our
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he started a claim i just wanna know if i have to pay my 1000 dollar deductible to fix his car that would cost 700 and will my rate go up at all

 

[Guest]

You dont have to pay to fix his car, your rates will probaly go up.....

You should try to pay it yourself

 

[Guest]

You only pay a deductible for damages done to your vehicle. As in if you want your car fixed you pay.

Any damages done to another person or their property is covered under your liability and you pay for that in your monthly.

If its your friend ask him and see ifyou can pay out of pocket so your rates dont go up for the next 3 years. That is if you have $700

 

[AutoInsuranceExperts]

As other folks have mentioned, your deductible does not apply to damage you cause to other, non-owned vehicles. The $700 would be paid under your PD or Property Damage coverage.

A few folks have suggested perhaps paying the damages yourself. Although that is an option, there are a few quick things to consider:

• Paying damages yourself can be a nightmare as with most repairs, there are supplements, or additional costs of repair, that may not be known now. This can haunt you... If you have your ins company deal with it, you don't have to...
• Was the claim already filed with their ins company? If so, it may be a foregone conclusion in terms of your rates. Insurance companies use a CLUE (comprehensive loss underwriting exchange) to exchange info about claims, sometimes even if just a coverage inquiry is made.

With CLUE, simply put, insurance companies exchange information about claims, to include amount paid out for damages, and that information is used to determine your risk and premiums, along with other things.
So, bottom line here, find out if a claim has been filed if you don't already know. If not, paying yourself may be a good idea if you have the dough and are ok dealing with the repair process...
Hope that helps a bit...
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My apologies: I noticed you did mention that the other person had already filed a claim. In this case, my suggestion would be to let your insurance take care of it for reasons I noted.

And, again to confirm, folks are right, you won't pay a deductible. Your insurance company will take care of the damages, assuming all is in order with our policy and coverage, and the result will likely be, eventually, a rate increase in the future.

Sorry for that but hope I was able to help a little bit!

 

[Guest]

OH I also forgot depending on your state you may be considered under threshold. What that means that even if its your fault it may still be considered non-chargeable for SOME companies. check your states department of insurance for details then follow up with your insurance company. if they raise your rates, and you are under threshold, shop around and you should find plenty that will not count it.