How does it work when your deductible is higher than the cost to fix the damage?
I have a $2,000 collision deductible and was involved in an accident where I was not at fault. The cost to fix my car is $1,750. Who pays for that?
Apr 14, 2021
Answer provided by
Answered at Apr 14, 2021
“In this situation, the at-fault party is responsible for paying to have your car repaired, regardless of your deductible. Their property damage liability covers this.
If the other driver is at fault but is uninsured, you would be covered by either your collision insurance or uninsured motorist property damage coverage. Then you or your carrier would be reimbursed through a legal action taken by your carrier called subrogation. Subrogation involves suing the at-fault party for any lost funds. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
Which insurance companies will cover a gray-market car?
I have a very cool car from Italy, and I obviously want to insure it where I live — which is in America. How can I find an insurance company that is okay to give me a policy on my gray-market car?
Feb 23, 2021
What type of car insurance should I get if I'm a new driver and bought a 2012 Mazda RX8?
I'm a 19-year-old woman who recently got a 2012 Mazda RX8. I know nothing about how liability or deductibles work, but I also want the cheapest coverage. What should I do?
Apr 23, 2021