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Originally Posted by mikebai1990 I'm curious about this no-fault policy.. So if you are in an accident (full collision coverage) and you are at fault, the most you pay (well, the insurance company) is $500 to the other party? And the rest of the repair money will be paid either by the other insurance company or the other party (depending on their coverage)? It doesn't seem to make too much sense to me..
David, so the $625 is a "traditional" non-PDR bodyshop work, correct? Thank you for the estimate, it's appreciated. |
It's not really that way. In a no-fault state, if you have full coverage, you will only be responsible for your deductible if you are at fault. You can then sue the other party for you're deductible (up to $500). $500 is usually the most you can collect from the other party for property damages whether you have collision coverage or not. I think there's only a handful of no-fault states out there and I agree, it doesn't make alot of sense.
