Do you always have to pay your deductible?
The agreed-upon deductible applies every time you file a claim. Your deductible exceeds the cost of the damages, so you’ll have to pay it all out of pocket. With that same deductible, imagine you got into an accident that caused $1,100 worth of damage. In that instance, your insurer would pay you $100.
Does insurance cover if you hit a curb?
When it comes to auto insurance for hitting a curb, your policy should cover the damage. It should also cover the tow truck if you have full coverage or collision coverage. While comprehensive and liability insurance is excellent to have, they most likely won’t cover the cost of car damage due to hitting a curb.
Will my insurance go up if I make a claim?
The cost and severity of a claim are key factors when it comes to whether your insurance premium may increase. Auto insurers typically consider your driving record when calculating the cost of your car insurance policy. However, filing a claim doesn’t mean your insurance premium will automatically increase.
Can my insurance company refuse to fix my car?
You do have the right to take your car to the shop of your choice. However, the insurance company may require that the repairs are fixed for the same amount that their shop bid or that their adjuster bid.
Can I repair my car myself after an accident?
Can I Repair My Car Myself After an Accident? If you own your car outright, you may be able to fix the car yourself—but check your insurance policy or ask your agent just to be sure that doing your own repairs won’t affect your coverage.
When a car is totaled and you still owe money?
If the car is totaled in an accident or stolen and declared a total loss, your normal insurance policy will pay $20,000, or the car’s actual cash value (ACV), minus your deductible. If you don’t have gap insurance, you’ll still owe $4,000, and you’ll still have to pay off the car even though you can’t drive it.