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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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What is waiver of collision deductible?
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.
Who is required to file waiver of collision deductible?
The insured party, who wants to waive their collision deductible, is required to file the waiver.
How to fill out waiver of collision deductible?
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.
What is the purpose of waiver of collision deductible?
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.
What information must be reported on waiver of collision deductible?
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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