Deductibles are the total amount that the insured party must pay before the insurance kicks in. For instance, if you have a $5,000 deductible and owe $10,000 as a result of an accident, you need to pay the initial $5,000 (the deductible) out of pocket and then insurance will pay the $5,000 balance.
but it typically will cover all parties involved in an accident, including pedestrians. The amount of coverage will vary from policy to policy.
This will depend on the type of coverage you get, inquire with an agent to get more info.
In most cases insurance will cover theft but there may be exceptions.
No, insurance payments are not tax deductible.