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You apparently have collision coverage from your own company, but they are paying $2,000 minus the $500 or $1,500.00. Your company will pursue the other driver's company (or the driver personally if he is not insured) for as much of the $2,000.00 as it can. If it was totally the other driver's fault, and his company agrees, your company will get $2,000.00 and give you the 500 back. If it was partly your driver's fault....it will be resolved proportionally. For instance, if it was 50-50, your company will collect $1,000, and give you 250.
No...if your driver was 100% at fault as concluded realistically by the two insurance adjusters, you will get $0 back of your deductible. That determination, however, is between the two companies only. You can sue the other driver personally for the $500 and his company will provide a lawyer to defend. BUT if the reality is that your driver is at fault, you will be wasting time and money in court. Sorry.
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