answersLogoWhite

0

All the damages will have to be paid by the other party's insurance company. Your deductible isn't applicable.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Does State Farm waive deductible if accident with another State Farm insured?

Yes, State Farm may waive the deductible if you are involved in an accident with another driver who is also insured by State Farm. This typically falls under the company's "deductible waiver" provision, which can apply in certain circumstances when both parties are insured by the same company. However, specific eligibility requirements and conditions may vary, so it's best to contact State Farm directly for details related to your particular situation.


Who are the parties that enter a auto insurance policy contract?

The Insurer and the Insured are parties to an insurance contract.


What is a health insurance deductible?

It's basically the amount of (in this case, medical) expenses that an insured person has to pay before the insurance kicks in and starts to pay. The trend is to modify the basic "all or nothing" deductible concept to include "co-pays", where the insurance pays for certain types of services (such as an annual health examination) even before the deductible is met, with the insured paying a token amount (say, $10) for the service and the insurance picking up the rest. This is beneficial for both parties: the insured doesn't have to come up with the full cost of the exam, and the exam may discover a condition early, while it can be treated easily and cheaply (therefore saving the insurance company money in the long run).


Both parties in accident have geico ins. who pays for deductible?

If you are at fault, your policy will pay for the other person's damage under your property damage coverage. If you have collision coverage, you will have to pay your deductible if you are at fault.


What is it called when one insurance company is repaid by another insurance company?

Subrogation, It's basically when an insured's insurance carrier pays for the damage done to their vehicle, even though it was the other parties fault. The insured's carrier will then go after the other parties carrier for reimbursement.


What is the CG7921 Additional Insured Formsrcrss1?

The CG7921 Additional Insured Form is an endorsement used in commercial general liability insurance policies. It extends coverage to additional parties, such as contractors or clients, by designating them as additional insureds under the policy. This means that those additional insured parties are protected against claims arising from the policyholder's operations or negligence. The form specifies the scope of coverage and is often required in contractual agreements to ensure that all parties are adequately protected.


What happens when both parties in a car accident have the same car insurance company?

The claims process should be quite a bit easier. What some companies do is waive your deductible for both parties.


Health insurance is a written contract between which two parties?

Between the insurer (the risk-bearing entity) and the insured.


If your parked car was hit and the at-fault driver was found what options are available if both parties are insured but the at-fault driver has a permit and was driving alone?

you could sue to get ythe money to pay for your car and anything else that might have been ruined you would probably win because he was driving illegaly also if he didnt stay at the scene of the accident it is a hit and run he also might have his license suspended


What are the private options available under proactive ADR?

Proactive Alternative Dispute Resolution (ADR) options include mediation, where a neutral third party facilitates a resolution between the disputing parties, and arbitration, where an arbitrator makes a binding decision. Additionally, collaborative law allows parties to negotiate an agreement with the assistance of their attorneys without going to court. These private options emphasize confidentiality and the preservation of relationships, enabling parties to reach mutually satisfactory outcomes outside of the traditional court system.


What is a good online store that has a wide selection of kids party supplies?

There are quite a few options available, some offer free shipping, some specialize in themed childrens parties, so here are four options to check out, all have quite a large variety: www. BirthdayExpress.com, www.partypalooza.com (free shipping), www.BirthdayDirect.com and www.partystrings.com (they have a large stock and specialize in themed parties). Hope this helps, good luck!


Can insurance agency reinstate a cancelled policy without insured's approval?

If you have requested cancellation of your policy then it would not be appropriate to reinstate it without an additional request from you so long as required notices of discontinutaion of coverage have been made to all interested parties.. There are times when it would be appropriate and in the best interest of the insured to automatically reinstate a policy without an additional request from you to do so. Especially if there is an express or implied desire for continuation of the coverage such as if an overdue payment is received after a policy lapse. Other Insured Parties such as Lienholders and Mortgage companies can also require an insurer to continue coverage for a specified period of time. Another insured parties interests could require the insurer to reinstate a policy until such time as they have been properly notified.