YACT: Will your insurance go up if you pay deductible to fix dent?

[LordSnailz]

There's a fairly big dent near the front right hand side of the car. Most of the damage was on the bumper but a portion of the frame was dented as well. Long story short, I basically hit a pole when I was backing out ....

My question is, if I want to use my insurance to pay for this, after deductible, would my insurance go up?

 

[NikPreviousAcct]

Depends on the insurance company and, sometimes, depends on a case-by-case basis. Why don't you call your insurance company and find out?

 

[SoyBoy004]

depends on how much they pay out.

 

[Ime]

As had been said, it depends. Every company is different.

 

[GasX]

what is the damage estimate and what is your deductible?

 

[Double Trouble]

Your actual rates may or may not go up (depending on the company), but you will have a "claim" on your record. Unless it's a substantial amount in damage, I would say just pay it yourself and don't put in a claim at all.....

 

[Quixfire]

Originally posted by: Mwilding
what is the damage estimate and what is your deductible?

Very good question, we need a few more fact before making an assessment.

 

[NikPreviousAcct]

Originally posted by: Quixfire

Originally posted by: Mwilding
what is the damage estimate and what is your deductible?

Very good question, we need a few more fact before making an assessment.

And even if you do, you could be giving him the entirely wrong idea. He needs to talk to his insurance company instead of us all-knowing ATers!

 

[GasX]

Originally posted by: FFMCobalt

Originally posted by: Quixfire

Originally posted by: Mwilding
what is the damage estimate and what is your deductible?

Very good question, we need a few more fact before making an assessment.

And even if you do, you could be giving him the entirely wrong idea. He needs to talk to his insurance company instead of us all-knowing ATers!

If it is $550 and his deductible is $500, he's an idiot. If it is $700 and his deductible is $500, it is a good question...

 

[Quixfire]

Originally posted by: Mwilding

Originally posted by: FFMCobalt

Originally posted by: Quixfire

Originally posted by: Mwilding
what is the damage estimate and what is your deductible?

Very good question, we need a few more fact before making an assessment.

And even if you do, you could be giving him the entirely wrong idea. He needs to talk to his insurance company instead of us all-knowing ATers!

If it is $550 and his deductible is $500, he's an idiot. If it is $700 and his deductible is $500, it is a good question...

Very true, and how do you know whether or not some of us don't that kind of experience.

 

[GasX]

addendum:

If it is $1000 worth of damage and his deductible is $250 he is an idiot.

(for having a deductible that low... )

 

[Vincent]

The more "claims" you have on your record, the less desirable you are to insurance companies. So avoid having them if possible.

Originally posted by: tagej
Your actual rates may or may not go up (depending on the company), but you will have a "claim" on your record. Unless it's a substantial amount in damage, I would say just pay it yourself and don't put in a claim at all.....

 

[BurnItDwn]

I had $7,000 worth of hail damage repaired on my car last year, I have Geico insurance, and my rates did not go up at all. I think it depends on a lot of factors, but it's definatly worth looking into.

 

[Lola]

this is just the way allstate (IN MI) works...but, most ins. co.'s are the same(if you live in a no-fault state!). if you make the claim, they will consider it an at fault accident.. YOU hit the pole. so, if you are getting discounts for being ticket and/or At Fault addicent free, you may have those discounts taken away from you. Depending on how much the damage is and what your deductable is, you may want to take that into effect. Now, on the other hand, if someone hit your car in a parking lot, it will not be considered your fault and your rates would not go up.