03-07-2015, 07:59 PM
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#12 (permalink)
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Enthusiast Member
Join Date: Feb 2010
Location: Dallas
Posts: 346
Drives: Truck
Rep Power: 14169
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Quote:
Originally Posted by PhantaPhanta
I don't get what this means. Does this mean I ring them up and they do everything from a to z and it won't cost me a dime? I was told that I need to pay the $500 bucks then insurance company pays the rest.
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Usually, in every full coverage policy there is some sort of deductible the insurer pays. The higher the deductible, the lower the insurance premium. Since hit and runs are looked at as UM and you have collision coverage, both come in place in your case. You collision includes a $500 deductible, but since you have the UM collision waiver, you should not be required to pay the first $500 of the repair out of your pocket.
I'm not a California insurance agent, but by looking at your policy, this is my take.
Last edited by 37zeroZ; 03-07-2015 at 08:15 PM.
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