Car #1 is covered by it's collission coverage, less deductible. Car #2 is covered by the property damage liability portion of the coverage on car #1, and there is almost never a deductible on that coverage. This is considered one (1) accident, not two (2).
If the occurrence is not a traffic accident then it will most likely be a comprehensive claim and therefore if you have comprehensive coverage then you will pay your comprehensive deductible. The comp deductible is usually the lower of the two deductibles.
Yes, and your spouse will end up with an at-fault accident on their record. The collision deductible will apply to the damage on the car that your spouse was driving and there will not be a deductible for the damage to the parked car. Maybe. Check with your agent, but some policies specifically exempt damage caused by another vehicle on the same policy. It prevents people with two junkers from having driveway "accidents" where both vehicles are totaled but no one is hurt. Of course, they can still drive both cars into a brick wall.
The value of your car in any accident is the value of the car in the moment immediately preceding the accident. So the answer to your question is "with the damage from the first".
Yes, the accident and bankruptcy are two different issues.
yes, they are held responsible. if you have two cars, put safer driver on more expensive veh as primary, and make unlucky driver primary on older car.
The car that hit it will be responsible. If they were not the ones responsible for the accident, they may counter claim against the other driver. The insurance of one of the drivers should cover the cost. And don't forget to claim damage to the grass!
No SON!
Dependent on the fault factor and without knowing all of the circumstances I can safely say two deductibles would be paid.
When it comes to auto body repair with no deductible, you typically have two options: paying out of pocket for the full cost of the repairs or finding a repair shop that offers a deductible waiver program. In a deductible waiver program, the repair shop covers the cost of the deductible, allowing you to get your car fixed without having to pay anything upfront.
They can sue you both. One your friend is the driving and responsiable for the accident and two you own the car. Better get your check book out.
The driver of the at-fault car is responsible for paying for the damage they cause to others in an auto accident. Having insurance transfers this risk from the driver to the insurance company. If you are found at-fault and do not have insurance you will be responsible for paying out of your own pocket for the damage you caused. If you do not have the money in the bank, or the assets to sell, be prepared to have future wages garnished. If this happens you may want to consult a bankruptcy attorney.