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Insurance Subrogation
Mai-Kero
Registered User regular
Registered User regular
So, story:
I was in a parking lot at a gas station. A large SUV backed into me very quickly and did $2200-2400 worth of damage. He was driving a rental car rented by his brother, but he had insurance and admitted fault in the police report. My insurance directed me to his, and we filed a claim.
His insurance is stating that he has to turn in a form from the rental company his brother dealt with. The guy's wording was roughly "We'll cover if they don't, but he has to bring in the form stating they'll cover it before we move forward."
He advised me I could have my insurance pay for the damages and file subrogation, but this yields two problems:
1) I didn't have full coverage when the accident occurred, only liability
2) My deposit now is like $500.
Has anyone had an experience like this before? I doubt my insurance is just going to pay for everything and then bill the other insurance. That seems too nice.
What should I do? I'm currently driving a rental car the other person's insurance advised me to get, but I have to pay for it first when I return it and then get reimbursed. I'm worried about the other insurance simply not paying me back for it because they're assholes.
I was in a parking lot at a gas station. A large SUV backed into me very quickly and did $2200-2400 worth of damage. He was driving a rental car rented by his brother, but he had insurance and admitted fault in the police report. My insurance directed me to his, and we filed a claim.
His insurance is stating that he has to turn in a form from the rental company his brother dealt with. The guy's wording was roughly "We'll cover if they don't, but he has to bring in the form stating they'll cover it before we move forward."
He advised me I could have my insurance pay for the damages and file subrogation, but this yields two problems:
1) I didn't have full coverage when the accident occurred, only liability
2) My deposit now is like $500.
Has anyone had an experience like this before? I doubt my insurance is just going to pay for everything and then bill the other insurance. That seems too nice.
What should I do? I'm currently driving a rental car the other person's insurance advised me to get, but I have to pay for it first when I return it and then get reimbursed. I'm worried about the other insurance simply not paying me back for it because they're assholes.
Mai-Kero on
0
Posts
That's pretty much exactly what subrogation means. Your insurance pays out for the repairs (minus your deductible) and then goes after the other guy's insurance (or the other guy directly if he's uninsured) to get their money back. When they do, they reimburse your deductible. This is generally better for you than pursuing it on your own, since insurance companies have full-time staff devoted to getting money out of people and other insurance companies.
Have you contacted your insurance agent/company yet since talking to the other driver's insurance co? There seems to be a huge potential mess of finger-pointing involved here, between multiple insurers, relatives, and a rental company and they are probably better equipped to deal with it. Your lack of collision coverage could pose a problem though, and may prevent you from going the subrogation route. Ask your agent about that.
It is not at all uncommon for everyone involved here to tell you to go talk to someone else. They all want to get out of paying to fix your car.
This is how it has worked for the three times someone has hit my car while it was legally parked. It sucks paying the deductible when it wasn't your fault, but it's the fastest way to get your car back on the road.