Question

Can another insurance company find out about my at-fault accident if I pay for my own damage?

I rear-ended a car. The other party filed a claim and was paid $1,000. I was told that I would lose my good driver discount and get a surcharge if the total claims exceed $2,000, so I am thinking of paying for my damages out of pocket. They are approximately $1,000 but would be $2,000+ going through insurance. I have a $250 deductible. Would another insurance company find out about the accident if I don't file under my claim?

Mar 3, 2020 Port Jefferson, NY

Answer
Ross Martin

Mar 3, 2020

Sorry to hear about the situation. There are a few things to think about here. First, it seems that your good driver discount is specific to your current carrier and may not be guaranteed by every company. Next, most companies are going to see the accident regardless of the payout. However, if the insurance payout is less than $2,000 it will technically be under the threshold and therefore not chargeable through surcharges. Hope this helps!


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