Our new State of Insurance
data release shows that an At-Fault accident in Colorado
will increase rates by roughly 38% annually. Also consider the fact that accidents affect your rate for three years from the date of the occurrence. If a 38% increase to your rate over 3 years is more than $1100 then you might want to consider paying for the damage out of your own pocket. If it's less then it would probably make more sense to file the claim. And about your deductible, if you are not going to have your
vehicle repaired then your deductible shouldn't be factored into your decision. Keep in mind that the decision is ultimately up to you and filing a claim with your insurance company affords you some legal protection that you wouldn't have by paying for the damage yourself. Best of luck!