No reason to inform your insurance company/

Liability only? Hell no - not only no reason to report, many reasons to NOT report it. Could effect future rates as single vehicle accidents make it real easy to determine who is at fault (almost always the one driver involved)

Even if no payout, having an accident on your insurance records could impact future rates.

Insurance companies share info with each other and even if no police record it could have impact on rates for 3 years

quote:

Originally posted by Hay2bale:


Never file a claim with your auto or homeowners insurance. By even talking to them you are filing a claim.

Here is hypothetical. You have auto comprehensive insurance. Your new $80,000 truck (still worth $70K) catches fire and is totalled, or is squashed in a wreck - again totalled.

Do you file a claim?

come on jhe, you know better. lets not try to take this thread someplace else. all the info here pertains to the early discussion in this thread.

Seems like there is no good reason to talk with the insuracce agent in this case. Thanks guys.

You are almost always at-fault for a single vehicle accident. Very few exceptions to this.

So, if someone else has damaged property, yes, report it. You would be liable to them for their damage. Paying out of pocket is troublesome, and often results in the damaged person coming back for another drink for some reason or another.

If you were injured and had medical care and have some sort of medical coverage on your auto policy, yes, report it. Health insurers, Tricare, Medicare, Medicaid, can all compel you to report that loss. Any medical coverage you have on your auto is primary to them and they want your auto coverage to pay first. Under these circumstances, a refusal to report can result in these insurers suspending your coverage.

If you hit a tree, and no one is making a claim for damaged property, and you want to absorb the loss, go ahead and don't report it.

If police responded to the crash, your insurer may find out about it anyway. Most insurers pull a state Motor Vehicle report that may have crashes on it you didn't report to the insurer.

I would not report to the insurance company unless absolutely necessary.

Know your state laws though.

Under Oregon law, you must file an accident report with the Oregon Department of Motor Vehicles (DMV) within 72 hours of an accident if it results in injury, death, or property damage over $1,500 (including vehicle damage, even if your vehicle was the only one involved in the crash), or if any vehicle is towed from the ..

Cheers~

quote:

Originally posted by old rugged cross:
come on jhe, you know better. lets not try to take this thread someplace else. all the info here pertains to the early discussion in this thread.

Seems like there is no good reason to talk with the insuracce agent in this case. Thanks guys.

That isn't what Haybale proposed, and I know a lot of people with that attitude. In which case, why have the insurance at all?