You are responsible to pay the $500 deductible.
As stretched as the policy owner maintains a ongoing stipend legend with the insurance carrier and does not breach the insurance Treaty, then the expenses of a collision are split between the policy owner and the insurance carrier.
Instructions
1. Place the collision clause in your car insurance policy. Specifically, pament carefulness to your collision coverage amounts. You Testament flash a deductible bigness, which is the plenty of the expense that you are obligated to remuneration. For instance, a $500 deductible for your collision coverage funds that you must stipend $500 In relation to the expense of any collision involving the vehicle covered by this policy.
2. Secure an estimate for the collision repairs. Most insurance carriers lack at least two independent estimates for a collision repair, on the other hand the insurer will also dispatch an insurance adjuster to examine the vehicle where ever it may be. For instance, if you file a collision claim and the automobile had to be towed to a dealer for repair, the insurance adjuster will go to the dealer, inspect the vehicle, and estimate the damages.
The insurance adjuster's estimate and the two estimates that you received from independent car collision repair companies give you a total of three estimates. You can only choose the company that you want to perform the repairs from the two estimates that you receive. Use the insurance adjuster's estimate as a guideline to make sure that all of the repairs that should be done are scheduled to be done by your chosen repair company.
Look into your insurance policy to determine whether or not your collision coverage pays for towing. If your vehicle had to be towed, if it is covered in your policy, the insurance company will reimburse you for the tow.
3. Subtract your deductible form the total cost of the repairs. If you have a $500 deductible, then subtract this deductible from the total cost of the repairs. For instance, if the total repair costs are $2,200, use the following calculation: total repair costs-deductible=total to be paid by the insurance company, or $2,200-$500=$1700.
Figure how yet you obligation to salary.Van owners shop for automobile insurance as a process to purchase expenses honest in contingency there is a collision with another vehicle or body. As the policy owner, there are many insurance plans available to Car owners.
