I have a $1,000.00 deductible on my auto collision coverage, and do not have the money to get my car fixed. What options do I have?
In most cases we can get the at fault party’s insurance company to pay for the entire car repair, with no money out of your pocket. This is likely to be your best option if liability is not an issue, and the at fault driver’s insurance company takes responsibility for causing the accident. If the at fault insurance company or other driver attempts to blame you for causing the accident or being partially at fault, you may have to make a claim against your own collision coverage to get your car fixed. In this instance, your deductible will apply, and you will be responsible for paying part of the cost for repairing your car. Once we can complete an investigation, and establish fault on the other driver, you will be entitled to reimbursement of your collision deductible. In most cases, your own insurance company will also seek reimbursement of the monies they paid to fix your vehicle, and will return your deductible when they get reimbursed. If you are found to be partially at fault, you can still be reimbursed a good portion of your collision deductible. As Florida is a comparative negligent state, your recovery of monies for property or other damages will simply be reduced by the percentage of fault attributed to your actions.