I was involved in a very minor accident that resulted in a cosmetic scraping of the other vehicle. My vehicle did not puncture, gauge, break or damage the other car, but my paint transferred to the other vehicle. What is the likely cost to repair such damage? I have Allstate Insurance. This is my 1st offense. Will my insurance rates go up?
2007-03-02 09:13:42 · 5 answers · asked by mecca2lux 1 in Cars & Transportation ➔ Insurance & Registration
So the people I got into the accident with filed a claim already. Will my insurance go up for a scrape that did not break, damage, gauge, or puncture the other vehicle?
2007-03-02 12:28:30 · update #1
It may not be worthwhile to involve your insurance if you have a deductible of $500 or over.
The damage you describe sounds like $300 more or less to fix.
.
2007-03-02 09:38:33 · answer #1 · answered by rob1963man 5 · 0⤊ 0⤋
My advice would be to have the other party get an estimate for the damage. If it's not a large amount, I would just write a check for it without your insurance company getting involved. I know a friend of mine that had a scratch on his door about 1.5 inches and it was $ 250.00. Chances are if it's a 250-300 scratch it's well worth it in the long run to pay for it now, than to pay for it for the next 3 years in premium!
2007-03-02 09:22:26 · answer #2 · answered by FirefighterWife 3 · 0⤊ 0⤋
the motive force of the different motor vehicle can truthfully bypass by way of his own coverage if he has collision coverage, yet he will could desire to pay the deductible (which often tiers from $500-$a million,000). If he would not, the motive force will could desire to instruct which you do not have coverage, so as that he can bypass by way of his uninsured motorist supplies harm criminal duty coverage to repair his vehicle. If the police branch did no longer understand your coverage had lapsed, then you definately won't could desire to attend to them until the different motive force is going and records a criticism. If the motive force is going by way of his own coverage corporation, which for sure is the only decision, they'll sue you. The coverage corporation will pay it and then they'll deliver you a bill for the money they layed out b/c of you. you should be careful as a results of fact if that individual is injured or claims injuries, you have a bigger difficulty. Any money the coverage companies lay out is additionally billed to you. So with a bit of luck that's no longer the case, yet practice your self, start up saving money now. you could desire to attempt to easily restore their vehicle and have them sign off on a launch that they have got settled all concerns touching on this twist of destiny. dodge this remember getting into your record for utilising without coverage.
2016-10-02 07:00:31 · answer #3 · answered by ? 4 · 0⤊ 0⤋
if all you did was transfer paint, offer to have it buffed out at your expense. it doesn't cost much. the damage is low-cost so it doesn't make sense to file a claim with the insurance company.
2007-03-02 12:19:18 · answer #4 · answered by morequestions 5 · 0⤊ 0⤋
if its as little as you say, then sort it out yourself, it will be cheaper. if it really is as little as you say and no dent just paint transfer, it might even polish out, talk to the other driver, if your friendly it will work out
2007-03-02 10:05:25 · answer #5 · answered by fast eddie 4 · 0⤊ 0⤋