What is collision deductible waiver?

A collision deductible waiver is an optional coverage that can be added to an auto insurance policy. This waiver allows the policyholder to avoid paying their collision deductible if they are involved in an accident with a driver who is deemed at fault and does not have insurance.

In other words, if you have a collision deductible waiver and you are in an accident caused by someone without insurance, you would not have to pay your collision deductible when making a claim with your insurance company. This can be beneficial as it helps you avoid out-of-pocket expenses in situations where the at-fault driver is unable to cover the costs of the accident.

It is important to note that a collision deductible waiver may not be available in all states or from all insurance companies. Additionally, adding this coverage to your policy may result in an increase in your insurance premiums. It is recommended to speak with your insurance agent to determine if a collision deductible waiver is a good option for you.