Join Date: Jun 2006
Mentioned: 3 Post(s)
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Re: Side Swiped a car, my fault, how is my insurance gonna work?
That $500 dollars you speak of.... is that not what is called the deductible?
Example. My windshield is smashed. To fix it costs $400. Through insurance I could get it fixed for free if I pay a the $500 deductible. Instead, I pay the $400 out of pocket.
Example... All the windows in my car are smashed. It costs $1300 to fix it. I pay $500 to get all the windows fixed.
In both cases, my insurance premiums go up.
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