I bumped into someone in one of my dealership's cars. I am trying to decide between paying out of pocket or sending it through my insurance policy. I have been licensed for about 6 years with no prior cliams. Here are the two options. I would appreciate any advice on the best course to take. My agent said the insurance company would most likely not raise my premium, but no guarantees on that.
Pay out of pocket:
The damage was minor (none to my car). The person got a quote for $800 to fix the bumper. They also want me to either pay for a rental car or provide a loaner car while their car is being fixed.
Use Insurance:
$250 deductible and possibility of premium going up
Any advice from dealers who have been through this situation before would be much appreciated. I am leaning towards paying out of pocket.
Pay out of pocket:
The damage was minor (none to my car). The person got a quote for $800 to fix the bumper. They also want me to either pay for a rental car or provide a loaner car while their car is being fixed.
Use Insurance:
$250 deductible and possibility of premium going up
Any advice from dealers who have been through this situation before would be much appreciated. I am leaning towards paying out of pocket.
