A deductible is the amount of money that you must pay out of pocket before your insurance company will pay your benefit.
Different rules apply depending on how fault is allocated.
If it’s determined you are 100% not at-fault, you do not have to pay the deductible.
If you’re found 100% at fault, you will have to pay your insurance policy’s deductible.
But more frequently, the fault is shared. If you are deemed 50% at fault, you are only responsible for paying 50% of your deductible.
If you’re the victim of a hit and run collision and you can’t identify the driver, you are responsible for paying for the damage — assuming you don’t have uninsured driver insurance, which will cover you in this instance.
If you are able to identify the driver, the Direct Compensation Property Damage portion of your insurance policy will likely cover the damage and won’t require you to pay a deductible.