Will my Allstate insurance go up if I go thorugh them to pay for the scratch?
2007-11-08 02:41:25 · 8 answers · asked by octaviakraut 2 in Cars & Transportation ➔ Insurance & Registration
NO deductible for you to get the other parties vehicle repaired HOWEVER you would be better off to just pay it out of pocket.
Rule of thumb is under $1500 do not turn it in as your rates could easily increase and over a three year period could be much more than the $500.00 you will spend now.
Have them take it to a GOOD repair facility and pay for it when it's done. Some shops require 50% down when you take it for repair and the remaining before the car is picked up. Pay with a credit card in case their work is not up to snuff. If you use a good facility you will have no worries.
2007-11-08 03:31:26 · answer #1 · answered by pkgfinder 3 · 0⤊ 0⤋
You don't say what your deductable is--which is VERY important for us to answer this question.
The deductable is how much you need to pay out of your pocket before they cover the rest. Assuming it's $500 or $1000, you certainly wouldn't want to claim it...because they'd put it in your record--and you'd STILL pay the whole thing.
If your deductable is $250, you could do it. But depending on your insurance policy, your rate is likely to increase. (Allstate has some sort of "accident forgiveness" for your first one in a while.) But is $250 worth it? I mean, your rates will shoot up if you get in a REAL accident in the next year!
I'd say keep the "get out of jail free" card in your back pocket for a REAL accident. Because it's hard to get into an accident with damages less than $1k.
2007-11-08 02:49:14 · answer #2 · answered by Left Bank Hook 4 · 0⤊ 0⤋
This is a "slam dunk". Your neighbor seems to be a pretty fair person. Little can be fixed today in a body shop for $500.00. Definitely pay the cost out of pocket or you'll be faced with a duct-able (out of your pocket) and be dragging a higher insurance rate for up to 6 yrs. It ain't pretty. If you go the insurance route, it'll cost in the thousands of dollars before the saddle is off your neck.
2007-11-08 04:49:02 · answer #3 · answered by Country Boy 7 · 0⤊ 0⤋
I'd just pay for it out of my own pocket. I think your insurance premium will go up and it will be worth it in the long run to pay it by yourself. Get several estimates.
2007-11-08 02:50:22 · answer #4 · answered by G.V. 6 · 0⤊ 0⤋
this would be paid under property damage liability so you would not have a deductible... depends on the threshold within your state whether or not it will be surchargable. however your insurance company can rerate your policy or you could lose discounts for the claim your probably best off paying out of pocket.
2007-11-08 10:59:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Your insurance will go up. It depends on how much your deductible is and if you have the money to pay for it. I would pay the money if I were you.
2007-11-08 02:49:10 · answer #6 · answered by Anonymous · 0⤊ 0⤋
i'd say go and pay it, cause if u use the insurance ur rates will go up and youll loose more money in then long run
2007-11-08 02:49:14 · answer #7 · answered by mithrandir9565 2 · 0⤊ 0⤋
more then likely your dectable is higher then that....i would just agree to pay it out of pocket
2007-11-08 02:48:56 · answer #8 · answered by becca9892003 6 · 0⤊ 0⤋