Quote:
Originally Posted by PhantaPhanta
Ya i called my insurance they said deductible $500, they are sending someone out to estimate the damage. I heard its possible to after getting the estimate, take the full amount - deductible as cash/check. Is that true?
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Did you ask the insurance agent why wouldn't the $500 UM collision deductible waiver you are paying for doesn't cancel out the $500 collision deductible?
The only reason why I might think you are paying for the $500 deductible is that you did not file a police report within a certain time period to consider it a hit and run and thus a "not at fault" accident. Now the accident is considered a chargeable loss and you are now subject to your $500 deductible. If this is the case, then it might affect your insurance rates.