Should I file an accident claim with my insurer for a small fender-bender?
The answer to this question is going to depend on a few different things including:

  • Who was involved?
  • How serious is the damage?
  • Did anyone suffer an injury?
  • What is your deductible and coverage amounts?

If the accident involved another motorist, someone sustained an injury, or the damage is over $1,000, then you do want to report your accident to your insurer and follow the steps they provide to get the claim processed.
However, if it was a mere fender-bender, which is a term that has been coined to describe a non-serious accident, and it only involved you and your vehicle, then there are a few things to consider that might help you make the decision as to whether you should still file an accident claim with your insurer or handle the damage on your own without any insurance agent input.

Things to Consider Before Filing a Minor Accident with Your Insurance Carrier

Although the smallest of dents can still cost a few hundred or even a thousand dollars, it still might benefit you in the long run to pay for the damages out of pocket as opposed to filing a claim through your insurance company. Here are a few reasons why you may want to consider taking on the cost of the damage on your own without having your insurance company assist.
Deductible amount– If your deductible is going to cost you more than what it would cost to get the damage repaired, there may be no reason to file a claim. Even if your damage is the same amount as your deductible, it might not pay to have the accident recorded on your record and have to come out of pocket all because you filed your accident with your insurer. Of course, you want to go with your better judgement and perhaps obtain some advice from one of our accident lawyers in Santa Maria, CA before making the decision.
Accidents raise insurance rates– While this doesn’t happen all the time, there is a good chance that your insurance company is going to raise your rates when it comes time to renew your policy. Accidents generally reflect that a driver becomes more at risk when they are the roadway which could mean you might cost your insurance company a lot seeing that you do engage in accidents. However, some insurance companies will allow the first accident to slide without raising your rates while others won’t take any chances and up the price of your premium.
If you still aren’t sure as to how you should handle the matter, why not discuss the issue with a qualified and knowledgeable accident lawyer in Santa Maria, CA. Our attorneys understand all there is to know regarding accidents and insurance and can provide you with some useful information that can help you make an informed decision regarding how to handle your accident.
Our Santa Maria accident lawyers provide free consultations so get yours schedule today by contacting a professional right here on our site or contacting us and allowing an agent to assist you.