Accident was the other guy's fault. Should I call my insurance company?
Answer:
The only time you call your auto insurance company is when you're going to put a claim. Yes they tell you to contact them whenever you get into an accident. They won't penalize you if you don't let them know. If problems come up with the cab paying for damages I suggest you call your company. They will have it on record but it wont count against you unless you put the claim thru them. Whenever your company pays for any damages whether is your fault or not thats when it will count against you. What might happen is if Geico gives you a accident free discount and the next time they run your motor vehicle record you might lose that discount. Anytime you get into an accident and you're not at fault put the claim with the other driver's insurance. In New Jersey even if you're not at fault and you put a claim thru your insurance it will be use against you so just be careful before you put in a claim.
I would only call them if any problems come up.. other wise just let the cab driver pay it.
yup notify them immediately
Yes, you should inform them what happened, they might help you.
Yes, definitely call them. You will get dinged a bit (though not as much if it were your fault), but the accident will be on record, and you never know what the cab company may do in the future.
I would, just in case. I called my insurance company after my accident, even though the other driver was at fault.
Yes
It would hurt you more NOT to get your insurance company involved.they need to document everything.even if it wasn't your fault.
Yes, call Geico immediately. Always call regardless of fault. The number is 1-800-841-3000 and anyone can help you anytime of the day.
Yes, you need to call your insurance company. If you have documentation from the cab driver, give it to your company (they will probably ask for it anyway). Just courtesy. =) I don't think it will affect you.
call your company and also you have to notify DVM (the place where you got your license)
no matter who's fault it is, you have to notify your DMV
Shouldn't hurt you either way if you call them or not. It's the cab's insurance that is responsible for the payment for the damage, not yours.
If you have the other guy's/company's insurance info, call and deal with them directly. If you call your insurance even if it is not your fault it will go on record that you were in an accident.
I don't think that is necessary.
Just make sure to call the Transportation Company that works with the vehicle regularly to make sure that they are to pay the costs of damages.
It will look better if you call them than if they find out some other way. All this stuff is on a database that insurance companies use. You should call ASAP.
You should call your insurance company anyway. It won't hurt your rates if the accident was the other guy's fault. But in case he doesn't pay, you will need coverage from Geico under Uninsured Motorist coverage.
If they are going to pay I wouldn't get the insurance company involved. Make sure you get your money really quick or you may get screwed. You only have a limited amount of time to put in a claim
In my state there would be no law or reason to contact my insurance company but you may have differnet laws where ever you live . the only thing you may need them for is if the cabby's ins. doesnt really cover what they said they will .
DON'T call your insurance company. If you do, it will be on your insurance record, and your insurance rates will go up because you will be seen as a more risky driver. Deal only with the cab company's insurance. If they will only pay about 85% to 90%, your insurance company won't pay the difference. So the best thing is to not even call them because it will result in you paying higher insurance rates.
report all accidents immediately, or they could drop you
As long as the other company coughs up the money for the repairs and your rental, without squawking about it, there's no need to go to Geico over this.
If they give you ANY grief about it at all, though, you might have to get your company involved to help settle it.
I would put in the claim because:
1. In case the other insurance company isn't handling your claim to your satisfaction.
2. You need assistance in getting a reputable body shop to do the repairs.
3. If any injuries you can seek PIP or Medpay coverage.
4. Second option to go under your policy and then they can collect from the other insurance company (subrogation).
5. Your insurance company will find out about the accident from the CLUE report that all insurance companies report all claims activity.
6. Your rates won't go up on your policy unless there are payments made regardless of fault. If you file a claim and there were no payments made on the claim then you have a strong argument with the Insurance Commissioner if your rates go up.
7. Cab companies have high claims activity and you might be dealing with them directly instead of their insurance company. This being said they will try to short cut and pay less to you on vehicle repairs.
+17 yrs handling auto claims
Take their help, they are the best,
"http://www.jdoqocy.com/email-1961891-104.
"http://www.jdoqocy.com/email-1961891-104.
Your insurance company will find the police report when they check your record before your next renewal. Calling them in now may help in dealing with the Cab company
You should report it to your insurance company ASAP.
You are not required to call your insurer. But if you do, it will help speed things along in case you do need to make a claim later on.
For example, what happens if the cab company doesn't pay you enough and then goes out of business. You'll need to make a claim on your "underinsured motorist" coverage. And, if you already called your insurer, that process will go more smoothly than if you never called them in the first place.
notify your company at once, you don't know this claim will go smoothly, especially since the cab co is self-insured, you might need your insurance company for help another thing, your company will run an MVR occasionally and will find accident on your record, they will then ask you to get police report, etc to prove that you weren't at fault so it will be easier if they already have record of accident and details
ID CALL AND MAKE A REPORT..ASK INFO..COULDNT HURT
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
Other Questions and Answers: