Waiver of Collision Deductible

Written by  //  June 24, 2011  //  Insurance Glossary: T-Z, Insurance Terms  //  Comments Off on Waiver of Collision Deductible

This coverage is available in certain states and only if you have Uninsured Motorist Coverage. With this coverage, if an accident with an uninsured motorist causes damage to your auto, and if you have the correct documentation that the other party is at fault and uninsured, you can collect your collision deductible back from your insurance company. However, this cannot be done until the repairs to your vehicle have been completed.

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