While being involved in a car accident in your own driveway is unlikely, it is not impossible. There are special circumstances that surround and auto accident with someone on your same auto policy, and it is handled a little differently than a traditional car accident.
If two cars on the same auto insurance policy are involved in a collision with each other, then a collision claim must be made for both of the vehicles. Since claims will be made for both vehicles, the normal collision deductibles will apply for both vehicles. There will be no liability claim for the If two cars on the same auto insurance policy are involved in a collision with each other, then a collision claim must be made for both of the vehicles. Since claims will be made for both vehicles, the normal collision deductibles will apply for both vehicles. There will be no liability claim for the accident, since both vehicles are on the same insurance policy. This situation would fall under one of the liability exclusions, called a household exclusion, which does not provide liability coverage for vehicles listed on the same policy.
While the deductible for both of the collision claims may be waived, they will most likely not be. Along with paying the deductible, the two collision claims on the policy will most likely raise your car insurance rates.
If the damages to both vehicles are minor, and the estimate from a repair shop is less than the deductible, there is no use in filing a claim, since the insurance benefits will only kick in after the deductible is met. Not filing a claim will also mean that your insurance rates will not go up.
While you can file an auto insurance claim for any issue, only filing claims for big problems, and paying out of pocket for smaller issues, can help to save money on your auto insurance.
For all of your auto insurance needs in Waukesha, Wisconsin, contact Bob Wolfgram Agency, Inc. We specialize in personal insurance policies and can help to ensure that you get the most comprehensive coverage for all of your insurance policies.
