Example #1
(the other driver is entirely responsible)
Your car has an actual cash value of $12,000.
You are involved in an accident for which
someone else is 100% responsible. Your car is a
total loss.
Your Direct Compensation - Property Damage
(DC-PD) deductible is $300. We will pay
$11,700 ($12,000 less $300, the deductible). We
will also pay for reasonable alternate
transportation.
In sum: You receive $11,700. You are
responsible for $300, the DC-PD deductible.