This accident would actually be paid out under your collision
coverage because you collided with the tire. What you should think about is the rate increase you will probably receive after filing a claim. Because of this, I recommend the following:
- Get an estimate for the repairs prior to filing a claim.
- On average, a collision claim raised rates in average of $495 per year. You should think about that rate increase over 3 years as that is how long you will typically be charged.
- Compare the $495 (or $1,485 over 3 years) plus your deductible to the out-of-pocket expenses. If it is cheaper to file a claim, file a claim.
If you do find it is cheaper to file a claim, here
is a good reference guide on what to do and what you can expect. Keep in mind, most insurance companies require you to report any incident involving your vehicle, even if you decide to not file a claim. Sounds like there is quite a bit of damage so I would get estimates for the damages, that way you will have all of the information you need to make an informed decision on whether to file a claim or not. Good luck and if you have any other questions don't hesitate to ask.