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WAIVER OF COLLISION DEDUCTIBLE The California Insurance Code requires insurers to offer a Waiver of Collision Deductible if you carry Collision Coverage on any of your motor vehicles and if you carry
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A waiver of collision deductible is a contract clause that allows an insured party to waive their obligation to pay the deductible in the event of a collision claim.
The insured party, who wants to waive their collision deductible, is required to file the waiver.
To fill out the waiver of collision deductible, the insured party needs to provide their policy information, sign the waiver form, and submit it to their insurance company.
The purpose of a waiver of collision deductible is to relieve the insured party from paying the deductible amount in case of a collision claim, reducing their financial burden.
The waiver of collision deductible form typically requires the insured party to report their policy number, vehicle information, and their intention to waive the collision deductible.
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