I scratched a car backing out in a parking lot and I already notified my insurace company. The other party just want me to pay for their repair (200.00) and they said that if they do not report it, I should not get any points on my record even if it was my fault. Is this true?

I will pay the 200.00 if I can be sure my record will not be affected.

Thanks.

  1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    Since you already did the right thing and notified your insurance company, my advice is to let them handle it. I am not exactly sure what the other party is referring to when they talk about "points". Generally this term is used when one is talking about one's DMV driving record, not insurance.
    Answered on December 31, 2014
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The settlement of a claim outside of your insurance company could save you money. It would be very important to get a “release.” This could be a note from the other party saying that your payment of $200 is satisfaction in full for the damage to their vehicle and that no one was injured in the other car and that all liability is satisfied. The other party’s motivation might be a desire to avoid being identified to the police.
    Answered on December 31, 2014
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  3. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Generally, unless a Police Report is filed no points will appear on your driving record. If however your insurance company pays a claim it will show up on a CLUE report as a claim. Since you have reported it to your insurance company, it will be in their records on the CLUE report anyway. If you just called and asked your agent what to do, he probably would not have reported the incident to the company. If this is the case, pay the $200 out of your pocket, get a release signed for documentation.
    Answered on January 6, 2015
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