If you just got into a car accident and it was your fault, you may be wondering if you should just pay the person in cash since it seems minor. You may be thinking it is better to avoid trouble with the insurance company by repairing the other person's car yourself.
Actually, it is much better to call your insurance company when you caused an accident, because the repairs may be more costly than you think.
Unless you have caused minor damage on your own car by scratching or denting it on a pole, you should always call the insurance company. Even if the person you got into an accident with wants to settle the situation by cash, make sure that the person makes a claim and you let your insurance company know. Doing so will prevent problems later, such as the person asking for more money.
Liability coverage will pay for the damage that you have caused, and may also cover injuries. Make sure to take photos of the incident (your car and theirs), report to your insurance company, and file a police report.
Make sure to also call your agent and let them know the whole situation. The agent will let you know your outcome, pricing, and information you need to know about the claim. Keep all the police reports, documents, insurance information, and driver's license information of the other party.
If you got into an accident involving only yourself and it is minor, or if it is major but you do not have collision coverage, you do not have to call your insurance. This will only make your insurance claim rates go up in price and there is no reason to file.
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