Scratched someone else's car: Settle privately for 500 or go through insurance?
1 Answers
Whether to settle privately for 500 or go through insurance after scratching someone else's car depends on the severity of the damage to the other vehicle and the attitude of the other car owner. If there is extensive scratching on the other vehicle and it is preliminarily determined to exceed the deductible-free coverage, it is advisable to go through insurance, as it can cover all vehicle repair costs. Below is a detailed introduction to commercial auto insurance: 1. Vehicle Damage Insurance: Covers losses caused by natural disasters and accidents to the vehicle itself, recommended for new drivers. 2. Third-Party Liability Insurance: Covers losses from bodily injury or death of a third party caused by the policyholder, a mandatory purchase for both personal and others' protection. 3. Deductible-Free Insurance: An add-on that transfers the policyholder's liability to the insurance company, reducing the policyholder's loss. It is best purchased alongside Vehicle Damage Insurance and Third-Party Liability Insurance. 4. Theft and Robbery Insurance: Covers damages from vehicle theft, robbery, or seizure, recommended for owners without a garage. 5. Passenger Liability Insurance: Covers losses of drivers and passengers due to traffic accidents, usually charged per seat, recommended for new drivers or family vehicles. 6. Spontaneous Combustion Insurance: Covers losses from fires caused by the vehicle's electrical or wiring issues, suitable for older vehicles. 7. Glass Breakage Insurance: Covers the cost of replacing windshield or window glass, which can be very expensive, recommended for vehicles frequently driven in unsafe areas. 8. Scratch Damage Insurance: Covers losses from intentional, malicious, or accidental scratches on the vehicle body.
