 |
Should you report a minor accident to your insurance if the third party may not make a claim and the repair is more than your deductible? |
[Edit] |
Answer
You might want to calculate how much out of pocket expense you would have after the deductible. Compare that with how much your rates might go up. If there is a significant difference either way, that should be a part of your decision.
First answer by Jason. Last edit by Jason. Question popularity: 27 [recommend question]
|
Research your answer: |
Can you answer other
questions about auto accidents and claims?
- What are the rules for someone that has completely backed out of a parking space has the breaks on to get into Drive but someone rear ends the car?
- In Alberta Canada If your travel trailer was being pulled by a friend they got in an accident whose insurance covers your trailer?
- If you only have PL and PD car insurance what does it cover?
Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Auto Insurance > Auto Accidents and Insurance Claims > Should you report a minor accident to your insurance if the third party may not make a claim and the repair is more than your deductible?
Our contributors said this page should be displayed for the questions below. (Where do these come from ) |
| If any of these are not a genuine rephrasing of the question, please help out and edit these alternates. |
Which is the only third party to make the jump from minor to major party?
