How does insurance deductible work?

I was surrounded by a recent car misfortune. The car be deemed totaled by the insurance company.

The police enunciate it wasn't my fault the coincidence happened, and the other driver be charged with hit and run, but they can't find him. I be told I would get $28 000 minus my $2000 deductible. However, this misfortune wasn't my fault....will I still singular get $26 000 or how does the deductible work?

Should I steal driving course and gain...

Answers: OK, your adjuster told you that you'd seize 28K? less your deductible.

When you put a claim contained by under your policy - regardless of show disapproval - the deductible applies. If they ever track down the hit & run guy and get the money out of HIS insurance, if he have it - they'll reimburse you the $2K.

Should i reward the vehicle owner toll...

yes, unless they find the other driver. the insurance company will look hard for them so they wont hold to pay anything any

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