No, not all car insurance claims require paying the deductible. Whether or not you have to pay a deductible depends on the specific terms of your insurance policy and the circumstances surrounding your claim.
Know which types of car insurance have a deductible-
- Liability insurance: This coverage pays for damages you cause to another person or their property in an accident. It does not involve a deductible.
- Collision insurance: Collision coverage, which covers your car in accidents regardless of fault, typically requires a deductible ranging from $100 to $1,000.
- Comprehensive insurance: Comprehensive coverage, except for certain glass repair claims, usually has a deductible of $100 to $1,000. It covers damage from events like fires, floods, vandalism, and falling objects.
- Personal Injury Protection (PIP): PIP coverage, which helps cover medical expenses for you and your passengers, often has a deductible ranging from $100 to $2,500.
- Uninsured motorist bodily injury coverage: This coverage typically does not require a deductible and pays for your medical expenses after an accident with an uninsured or underinsured driver.
- Uninsured motorist property damage coverage: Uninsured motorist property damage coverage often involves a deductible. It covers your property damage costs when involved in an accident with an uninsured or underinsured driver.
- Medical payments coverage: Medical payments coverage, also known as MedPay, does not have a deductible. It helps cover your medical expenses following an accident.
- Mechanical breakdown insurance: Mechanical breakdown insurance (MBI) typically requires a deductible. MBI covers major vehicle systems such as the engine and transmission.
The specific terms and conditions may vary depending on your insurance policy. It’s always important to review your policy or consult with your insurance provider for precise details about deductibles and coverage.