Questions About Car Insurance Deductible in Georgia
Reader’s Question:
I have 2 vehicles with full coverage and a deductible on collision coverage. My wife backed into mine damaging both of vehicles. Will I have to pay 2 deductibles? How will this affect my car insurance rate premiums in Georgia?
Carl
Northeast Cobb, GA
Thank you for your question. I’m assuming that you and your wife are insured by the same insurance provider.
If so, some insurance providers waive one of the deductibles if both policyholders are insured by them. I have seen some situations where insurance companies charge both deductibles too. You need to report this loss to your insurance providers if you have not already. You could also ask them about your situation with the insurance claims adjuster. It is up to the verbiage in your auto insurance policy as to if they can charge it or not. Some insurance policies define an incident as a single occurrence while other insurance policies define it as a per auto occurrence.
Each insurance carrier has its own method of evaluating policyholders, so the insurance points on your driving history may or may not have a direct impact on the auto insurance rates you pay for car insurance. The amount of insurance claims and the costs of those insurance claims are also factored into your auto insurance rate in in Northeast Cobb, Georgia.
Loading ...