No fault insurance refers to injuries, not property damage. Being in a no fault state simply means that your injuries are payed for by your own insurance company regardless of who is at fault in an accident. Fault is still assigned for the purpose of determining who is responsible for property damage. It is always the at-fault party's responsibility for pay for the damage they cause to you. If you are going to have the damage for your car payed for under your collision coverage then you will have to initially pay for your deductible, unless you have broad-form collision. If you do pay your deductible then your insurance company will sue the at-fault party to recover the money that they payed to repair your car, as well as your deductible for you. This process is called subrogation.
in my state you don't have to but there are some "no fault" states like Michigan. I would call my insurance and ask them to make sure.
Although laws differ from state to state -- there are no-fault states, tort states, and hybrids -- this is the basic idea: Since we assume you are the at-fault driver, your liability insurance -- the property-damage portion -- will cover the cost of repairing the damage to his car. If there is a deductible, you will have to eat that. That's what deductibles are all about. But I'm not aware of deductibles associated with liability insurance. Usually deductibles are associated with collision insurance and comprehensive insurance. If you live in a no-fault state like New York, things may be slightly different. In New York, the other guy's insurance will pay to fix the damage to his car, less the deductible. But he won't have to eat that if you were the at-fault driver. YOUR insurance will pay his deductible.
In this state, a no fault state, full coverage insurance covers the other vehicle if you are at fault.
Cover what? If you mean the damages to each others vehicles it will depend on the liability statute of your state, please clarify your question.
It depends on the state you live in but as far as I know if you are involved in a hit and run and you are NOT AT FAULT, the insurance will more than likely waive the deductible. Make sure you have a "COLLISION DEDUCTIBLE WAIVER" clause somewhere listed on your policy, usually it's included with full coverage policies.
State income taxes are deductible on the Federal Form 1120. Other deductions include repairs, interest, and depreciation for homeowners filing Form 1120.
Depends on what state you are in and what your state's laws are. If you're in a no fault state, your insurance will pay for all of your medical bills no matter who is at fault.
Yes, Illinois is an at-fault state for divorce, meaning that a spouse must prove that the other spouse is at fault for the breakdown of the marriage in order to obtain a divorce.
Yes. The deductible is applicable regardless of fault, location, or anything for that matter. You agreed to pay a portion of the damages when you signed your policy contract. The deductible is your portion. It's sort of like a co-pay.
At-fault state laws apply.
Yes, property tax is deductible on California state taxes.