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Can you get a tax exemption for money paid for a deductible on an accident claim if the accident is not your fault?
Wiki User
∙ 17y ago
Prefaced by the standard - generally, under most circumstances, etc - and what your looking for is a deduction (of the expense), not an exemption (which would be advantageous if it was income). Yes, as it would be a casualty loss deduction. However, as the casualty deduction has some restrictions to meet before it can be claimed, which is likely not to be met by the generally modest amount of a deductible, unless you have losses on top of the deductible, it is likely not really available.
Wiki User
∙ 17y ago
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If you are at fault in an auto accident do you have to pay the other persons deductible?
No, you have to pay your deductible.
Do you have to pay the full deductible even if the accident wasn't your fault?
Yes. If the claim is being made on your insurance. For example, if the damages are $2000 and there is a $500 deductible, the insurance company will pay $1500.
Is a deductible due when the auto is considered a total loss?
Yes, if your own insurance is paying for an accident that you were at fault for provided you had full coverage and they are paying for your car. If the accident was not your fault, no you will not pay a deductible.
Can you make the driver of your vehicle pay you the deductible after the accident if they are at fault?
If they have insurance then you should not have to pay a deductible at all.
Are you responsible for paying the deductible if the accident was in a work vehicle?
only if it was your fault
Do you have to pay your deductible if the accident was the other drivers fault?
The other driver should be paying if they were at fault; you may sue them for your deductible in small claims court if they had no insurance.
Can you file a claim on both insurance companies yours and the party at fault in an auto accident?
Yes, you can. However, ultimately it is the at fault party's insurance company that will pay for the claim. In such a case, you will file a claim under your collision coverage and be subjected to the deductible. Once the claim is settled, your company will subrogate the loss with the other company(i.e. get reimbursed). Once that happens, you will be provided your deductible back. If you go through the at fault party's policy, you would file the claim under the property damage of the policy.
If you are not at fault and the police report and witnesses prove this do you still pay your deductible?
You do not have to pay the deductible if the other person's insurance is paying the claim. If you put the claim through your insurance, and do not have uninsured, underinsured motorist protection then you will have to pay the deductible regardless of who's at fault.
If you get into an accident and the other driver is at fault and your car is totaled of course his insurance will pay but if they pay the deductible who gets it?
There is no deductible for liability claims.
Do you pay a deductible if the accident was the other drivers fault and their insurance is paying for repairs?
Yes, you do.
If a pedestrian is found at fault for an accident involving a car can they be sued for an auto insurance deductible?
Yes, The at fault party is responsible.
Who pays the deductible if someone hits your car?
The identified third party at fault is responsible for paying the deductible in the event of a motor vehicle accident.
