Does a Deductible differ under SR22 car insurance or high risk insurance?
Jerry White : What is a deductible under auto insurance and is it the same for SR22 car insurance, dui insurance or high risk insurance?
Response : Under auto insurance a deductible is the amount of money you are obligated to pay as a result of an accident and is deducted from the initial claim payment. If a policyholder has purchased the Waiver of Deductible Endorsement, the deductible amount for Collision Coverage will not apply under certain circumstances. These specific circumstances include:
1. The auto was legally parked when struck by another auto owned by an identified person
2. The auto was struck in the rear by another auto moving in the same direction and owned by an identified person
3. The operator of the other auto was convicted of any of the following violations:
Operating under the influence of alcohol, marijuana or a narcotic drug
Driving the wrong way on a one-way street
Operating at an excessive rate of speed
Any similar violation of any similar law of another state in which the accident occurs.
However, we will not pay if the operator of your covered auto was also convicted of one of the violations
4. You are entitled to recover in court against an identified person for some reason other than those listed above
Now with reference to DUI car insurance if you are driving the car under influence and if an accident happens, you would be liable for it and will have to pay the deductible of the opposite driver.Secondly when you have a DUI conviction, have SR22 insurance or are a high rsik driver, the insurance company may also approve your auto insurance quote subject to a high deductible. Or else you might want a higher deductible to reduce the premium and get affordable sr22 quote or a cheaper dui insurance quote.
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DUI Car insurance
Tagged with: Alcohol • Amount Of Money • Auto Insurance • Car Insurance • Circumstances • Collision Coverage • Deductible Amount • Dui Conviction • Dui Insurance • Endorsement • Excessive Rate • High Risk Insurance • Initial Claim • Insurance Company • Insurance Quote • Marijuana • Narcotic Drug • Policyholder • Quote Insurance • Sr22 Car Insurance • Wrong Way
Filed under: DUI & SR22 insurance • High risk car insurance
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