When do i pay collision deductible

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Here is a list of our partners and here's how we make money. Easily compare personalized rates to see how much switching car insurance could save you. Collision insurance covers damage to your own car from:. A crash you cause with another driver. A collision with an object such as a tree or mailbox. Then, your collision insurance would kick in. Collision and comprehensive insurance, combined with liability insurance, is typically referred to as full coverage insurance. Usually, collision insurance is subject to a deductible , a set amount subtracted from any collision claim check.

This deductible would also apply if your car was still drivable, but the damage would cost more to repair than the value of your car, and the insurer declares it totaled. You could still repair your car, but it would be recorded as salvaged on the title. Available only in some states, this waives your deductible if an uninsured driver causes an accident and your collision coverage has to pay.

The average annual cost of collision coverage in the U. Your own cost may be higher, as this figure includes discounts and may account for group policies that are typically cheaper than an individual policy you could buy online. How would you rate this article?

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Not only is it convenient — you can also save money. See how you can bundle and save with American Family! Assuming you have collision coverage in place at the time of loss, your insurance company should pay for the repair of your vehicle, less your deductible. Your insurance company then files a claim with the at-fault driver's insurance company to be reimbursed for all the money it paid on your behalf, plus your deductible.

This process is known as subrogation. Talk with Your New Hampshire Car Insurance Agent If you have any questions about when you might need to pay a deductible, talk with your independent New Hampshire insurance agent. Stay safe! Request Free Insurance Quotes! Rss Feed. Subscribe to Our Blog. Don't Wait. Get a quote today! Start Now or.