I was recently involved in a minor car accident while backing out of my parking lot. The other car which I hit was not damaged a bit. However my new 2008 Nissan Sentra's rear bumper was slightly dislocated. I called the police but no report was filed because the other car was not damaged. However I did call my insurance company to report this incident.

I took my car to the body shop and the body shop advised me not to go ahead with the repair because the bumper dislocation was hardly noticeable and no apparent damage to the paint either.

Now I have already reported the incident to my car insurance and did not claim damage. No record on my DL either because of no police report. The question is will my insurance rate go up because of this? Also will this come in my car vehicle history and effect its resale value? I am kicking myself for acting hastily but a nice advise here will really help.

TIA,
Venkat

It may be in the vehicle history report, but normally minor things do not effect resale, only the major ones

As for as effecting your rates, it will depend on your insurance company

[QUOTE=Ven7782]I was recently involved in a minor car accident while backing out of my parking lot. The other car which I hit was not damaged a bit. However my new 2008 Nissan Sentra's rear bumper was slightly dislocated. I called the police but no report was filed because the other car was not damaged. However I did call my insurance company to report this incident.

I took my car to the body shop and the body shop advised me not to go ahead with the repair because the bumper dislocation was hardly noticeable and no apparent damage to the paint either.

Now I have already reported the incident to my car insurance and did not claim damage. No record on my DL either because of no police report. The question is will my insurance rate go up because of this? Also will this come in my car vehicle history and effect its resale value? I am kicking myself for acting hastily but a nice advise here will really help.



I would think the body shop would not report this because there wasn't actually a repair - half the time they "forget" to report repairs anyway.

As far as your insurance, it depends on the company. I always suggest that people contact their AGENT and ask the AGENT to decide whether to report the accident to the company. Often the AGENT holds the info and waits to see what transpires - and you still meet the reporting deadline.

If you deal directly with the company, of course, there is no agent involved and this is not an option.