In order to know the answer to this, you would need to contact a custumer service representative at your insurance company.
Your deductible may go up. Most likely though, it will be your premiums that skyrocket. After some time with no claims, costs will lessen.
There is no deductible for liability claims.
It would not affect her current claim but lowering of her deductible would then affect any future claims. Of course the premium would be slightly higher in exchange for the lower deductible. The company will also want to examine the vehicle to make sure repairs are done from the previous accident before lowering the deductible.
The claims process should be quite a bit easier. What some companies do is waive your deductible for both parties.
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.
The term is "deductible". It is payable as to collision and comprehensive claims. The deductible is chosen by the insured when the insurance is initially purchased.
yes if your ins.co. pays for your car. Even if they don't pay for your car. My agent warned me that my homeowners premiums could be raised just for filing claims! They used to send an adjustor out automatically if there was a hailstorm or windstorm, but not any more. I just wanted an ajustor to estimate the damage last spring and let me know if it would exceed my deductible.
This depends on how much money you have in reserves to pay for repairs or unexpected expenses. If you have 2 to 5,000 to use for emergencies consider a higher deductible to lower premiums as insurance should be considered for major catastrophies and not about $100 broken window claims.
"Accident year loss ratio" is a term insurance companies use as an abbreviation for "the total amount of money lost to claims divided by the amount of premiums earned in a given calendar year."
road traffic accident claims
Aflac pays 2X as much in claims as in administrative costs.
Most insurance claims do not require police reports. Some states require it for hit and run claims.