Let’s assume you have a $500 deductible on your impact protection and you backside one more vehicle at a stop light.
Subsequent to trading data with the other driver, you call your insurance agency to report the mishap and record a case.
Before long, the safety net provider supports the case and requests that you pay the deductible.
You pay the $500, and your fixes all out $3,500. Your back up plan would then cover the excess $3,000.
However, the incident would not be covered by your insurance if you did not have collision coverage.
Your insurance company would insist that you foot the entire $3,500 repair bill yourself.
In the event that you were not to blame for the mishap, the other driver’s protection would pay for your fixes, and you wouldn’t pay the deductible.
