Posts Tagged ‘500 deductible collision’
Deductible Collision
February 13th, 2011
Question: what is collision deductible?
Answer: it’s what you pay out of pocket to repair collision damage to your car.
1000 worth of damage. you have a 250 deductible
company pays 750, you pay 250
Just ask the company to make the 750 check payable to you and the shop so you can make sure they do a good job.
If they don’t, don’t endorse the check until they do.
Items on Amazon Right Now for Deductible Collision:
Online Auto Insurance Explains How to Get Covered for Weather-Related Damages
In a new FAQ published on OnlineAutoInsurance.com, the authors discuss what type of car insurance coverages are needed to protect against weather-related damages.
What is the Collision Deductible Reserve Plan?
Posted in Tax Deduction Help | 
Tags: 500 deductible collision, cdw, deductible collision, insurance, review, services, training | 
No Comments »500 Deductible
May 17th, 2010
Question: How does a deductible work for car insurance?
I was driving home from work and I was already in my apartment parking garage and about to park my van when I do not know how when I turned right I heard a horrible noise. The right rear part was hit by a wall and now my beautiful black van has a lot of white scratches. I pay full coverage and the collission coverage pays up to $20000 but it says that there is a $500 deductible. Do I have to pay that amount even if labor costs less then that? or I have to pay the $500 only if the cost of fixing the van is more than $20000. What do I have to say when reporting the accident?
Answer: You would have to pay the first $500 of any repairs, and then your insurance would cover beyond that, up to $20,000.
You should tell them just what happened. You were parking and accidentally struck the wall and damaged the the back of the vehicle.
If the cost of repairs is going to be less than your deductable, you’d be better off not even telling them since it could raise your rates.
Items on Amazon Right Now for 500 Deductible:
Insurance is wrong place for a small business to skimp
Business insurance is one of those expense items that small business owners often look to trim in an effort to save money. Our advice — look elsewhere.
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