Settlement Benefits
If you submit a claim form, a more detailed review of CSAA’s files will be conducted
to determine the amount of the benefit (if any) payable to you. The amount of your
payment will depend on what that review shows, and the date your claim originally
was handled by CSAA:
- If you made a qualifying collision claim between July 12, 2003 and February 28,
2006, and CSAA’s file for your claim shows you were charged a deductible and that
the adverse party to your accident was uninsured, the amount of your settlement
award will be 100% of the collision deductible that you were charged (or the cost
of repair if lower), plus 10% simple interest from the date that deductible was
charged. For example, if you were charged a deductible of $500.00, you would get
back your deductible of $500.00, plus $50.00 per year from the date that deductible
was charged.
- If you made a qualifying collision claim between July 12, 2003 and February 28,
2006, and CSAA’s file for your claim shows you were charged a deductible but does
not contain sufficient information to determine whether the adverse party to your
accident was uninsured, then CSAA will pay you a cash benefit equal to 50% of the
collision deductible that you were charged (or the cost of repair if lower), plus
10% simple interest from the date that deductible was charged. For example, if you
were charged a deductible of $500.00, you would get one half of your deductible,
$250.00, plus $25.00 per year from the date that deductible was charged.
- If you made a qualifying collision claim between December 1, 1998 and July 11,
2003, and CSAA’s file for your claim shows you were charged a deductible and that
the adverse party to your accident was uninsured, the amount of your settlement
award will be 100% of the collision deductible that you were charged (or the cost
of repair if lower) with no interest. For example, if you were charged a deductible
of $500.00, you would receive $500.00.
- If you made a qualifying collision claim between December 1, 1998 and July 11,
2003, and CSAA’s file for your claim shows you were charged a deductible but does
not contain sufficient information to determine whether the adverse party to your
accident was uninsured, then CSAA will pay you a cash benefit equal to 20% of the
collision deductible that you were charged (or the cost of repair if lower) with
no interest. For example, if your deductible was $500.00, you would receive $100.00.
- If CSAA’s files do not contain sufficient information to determine whether the
adverse party to your accident was uninsured, you will receive a further notice
and an opportunity to submit additional documentation to show entitlement to a greater
settlement award.
- If CSAA’ s files indicate that your accident does not fall within the scope of
the lawsuit, you will not receive an award even though you submitted a claim form.