I rear-ended someone... will my insurance find out even if i don't notify them of the accident? The person I rear-ended agreed to settle everything without notifying my insurance provider, but their car insurance (AAA) knows about this and is taking care of the claim for them. They told their AAA agent not to let my insurance know about the collision and their agent agreed not to tell my insurance company about the accident. How likely is it that my insurance still finds out about this and raises my rates, even after i pay for all the damages out of my own pocket? I'm worried I'm going to be paying for all the repairs (about $1700) and still have to pay higher rates for my insurance? I'm 18 and just got my license so my rates would be raised by a lot.. I'm worried. Help please, Thanks.
2007-01-16 22:39:53 · 12 answers · asked by WARRIOR 4 CHRIST 1 in Cars & Transportation ➔ Insurance & Registration
" hope U were wearing protection" Even if they find out, as long as you don't have any points removed from ur licence, & make any claims against ur policy, they can;t do a thing,
2007-01-16 22:52:03 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Well, that was not the smartest thing, to have the other person use his/her own insurance to go after you. Insurance companies are used to going after other insurance if it exists, and there's a good chance someone else will get their hands on that file and make a claim to your insurance company. Also, if you don't reimburse them on the claim timely, they will be able to go after your insurance whenever they feel like it.
In the unlikely event that this does not get reported to your insurance then how would they know? Can they have a record of something if they got no report and if you don't have any violations on your license for it?
2007-01-16 22:56:08 · answer #2 · answered by Chris 5 · 1⤊ 0⤋
Unless you pay off his insurance company IMMEDIATELY they will process it through your insurance company for reimbursement. They won't accept payments; they'll want payment in full as soon as they send you the bill.
Depending upon state law you may still have to file a police report and a DMV report if it's above the damage floor for notification. Your insurance policy may also require you to notify them of the accident even if you intend to pay the damages out of pocket. Read your policy to verify that.
Although your rates may go up if your insurance company pays the claim, it's highly unlikely they will go up by $1,700 even over the typical 3 year period. Just file with your insurance company. You'll pay less out of pocket and any increase will be spread out over time.
2007-01-17 02:53:05 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Most states don't require insurance - they require proof of financial responsibility. That usually means you have filed with the state that you have the financial resources to pay for damages up to the state minimum required limits. It does not mean you get to legally drive around with out some type of insurance or bond on file with the state. If your car was not at fault- the at fault driver's insurance will pay for your damage. If they get you a rental vehicle- they will not pay for insurance for the rental car. Call the insurance company for the driver that hit your mothers car and if the claim has not been reported - turn it in.
2016-03-29 01:21:56 · answer #4 · answered by Anonymous · 0⤊ 0⤋
OK AAA is a towing company right? If it is that persons insurance company you better inform your insurance company too and tel them that you want to pay out of our pocket to avoid raising our rates. If you do not tell them about the accident and that person decides to sue you later you will be royally screwed. Your insurance premium should not go up if you tell them about it but will go up big time if they find out later.
2007-01-17 00:00:34 · answer #5 · answered by king_davis13 7 · 0⤊ 0⤋
ok, if you pay for ALL DAMAGES out of pocket, then there isn't a claim being filed with your insurer. If the other person is letting THEIR insurance company take care of the claim for them, then they WILL notify your insurer - not the agent, but the claims adjuster.
But if they don't pay anything OUT for the claim, your insurance company, I mean, then they can't surcharge you.
2007-01-17 00:58:32 · answer #6 · answered by Anonymous 7 · 1⤊ 0⤋
Very likely. Report it and you should be ok if your first accident. All your insurance agency has to do is pull up your record if a ticket was involved. Chances are the other insurance company will report anyway since it is a major fine if they don't and get caught, or if you decide to sue them, or even the other driver decides he was hurt and sues you. You would be covered by your insurance even if you were at fault, usually.
...jj
2007-01-16 22:52:41 · answer #7 · answered by johnny j 4 · 0⤊ 0⤋
I just have to shake my head when i see people paying for damages that cost thousands of dollars out of pocket- its ridiculous. Im trying to fathom what on earth you think is going to happen to your insurance rates that is worth paying 1700 dollars worth of damages!?
When you get into an accident your accident goes into a national system if it is reported to any insurance. All your insurance has to do is punch in your name during reneweling and it will come up.
Please Please Please just go through your insurance- who the heck has 1700 dollars lying around to pay for an accident?! This is what you have insurance for!!!
2007-01-17 01:43:09 · answer #8 · answered by Anonymous · 1⤊ 0⤋
Yes.
The DMV in your state is notified if the damages are $1500-$2500 or more (depends on your state) and if they are notified, they have your insurance information from when you registered the vehicle.
If you have different insurance from when you registered, you'll slide, until your insurance runs your record again...
2007-01-17 01:54:05 · answer #9 · answered by FavoredbyU 5 · 0⤊ 0⤋
Triple A is a roadside service not auto insurance company, why would they be handling the claim for other driver? You should have just had him take car to repair shop and you paid for the repairs.
2007-01-17 02:03:38 · answer #10 · answered by singledad 7 · 0⤊ 1⤋
I would guess your insurance company would find out about it. I cannot see an insurance company not notifying yours about it.
2007-01-16 22:48:06 · answer #11 · answered by Stormy & Dena 3 · 0⤊ 0⤋