by Lauer340 » Mon Jan 11, 2010 06:55 am
First of all my car is a 95 dodge intrepid
I was hit by a blue SUV and they did rather sever damage to my bumper and some damage to my trunk. I have liability a police file was made and i filed a claim to my insurance company. Now my insurance company is coming down to assess the damage and Im just wandering if they decide to pay for the damage to be fixed will that come out of my deductible? Or do i have to pay a deductible. Or will nothing happen until they find the vehicle that hit my parked car. I was sleeping and not in the car.
Im also afraid that the damage is gonna cost more then what the car is worth so does that effect anything?
I was hit by a blue SUV and they did rather sever damage to my bumper and some damage to my trunk. I have liability a police file was made and i filed a claim to my insurance company. Now my insurance company is coming down to assess the damage and Im just wandering if they decide to pay for the damage to be fixed will that come out of my deductible? Or do i have to pay a deductible. Or will nothing happen until they find the vehicle that hit my parked car. I was sleeping and not in the car.
Im also afraid that the damage is gonna cost more then what the car is worth so does that effect anything?
Posted: Mon Jan 11, 2010 09:06 am Post Subject:
Hi Lauer340
I am sorry to hear about your car. So, you have no details of the party at fault. If you have turned the claim to your own insurance company, you will be compensated upto the liability limits minus the deductibles (deductibles are to be paid by you).
Before the company pays you anything at all, they will send in their adjuster to assess the damage and check whether the cost to repair will exceed the actual cost of the car. If it does, they might want to total it.
Still if you want to keep the car, you may, but you have to inform the insurance company about it. Before you take any decision, I'd suggest that you go to a known body shop and get an assessment of how much it would cost to get your car repaired and also the ACV of the car. Only then take your decision.
Posted: Mon Jan 11, 2010 01:30 pm Post Subject:
Your claim with either be paid under collision coverage or Uninsured Motorist Property Damage coverage if you have it (unlikely). Nothing to do with liability coverage. You would be paid less your deductible.
If the vehicle is a total loss (cost to repair is somewhere around 80% of it's value) then you'd be paid it's value, less your deductible.
How do you know it was an SUV?
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