It happens to drivers every day -they get involved in a small fender bender with another driver that causes little damage and no injuries. You decide to cover the damages on your own and not let your insurance company know. You may think this is the best strategy to keep your auto insurance rates low while not adding points to your record, but it may actually be a costly blunder.
Consider the negative consequences and penalties you may incur if you don’t report a vehicle accident in some states as required by law. If an injury meets specific criteria, you are required by law to inform authorities about it. Some states require must be reported within ten days of the accident. Not doing so can result in the revocation of your license.
When Should an Accident be Reported?
An accident must always be reported within ten days with a form known as the SR-1. SR-1s should be filed when the property damage you caused exceeds $750 and there are reports of injuries or death. Some states also require a second report to be filed with the local police department.
If your vehicle is incapacitated and causes traffic to be halted, you may end up owing a lot of money for expenses. You can anticipate law enforcement personnel arriving on the scene to tow your car while the officer is en route. There may be times when you are unable to submit the report within ten days because of an exceptional circumstance, such as being hurt in the accident. A passenger riding in your vehicle can file the report for you or have a third party, such as an attorney, file it for you.
What Are Penalties For Skipping on a Report?
In addition to a license suspension, you can also be subjected to fines and even jail time. It’s important to keep in mind that if the other motorist has agreed to cease utilizing his or her insurance and submit a claim with the DMV, they might change their minds once they discover the severity of the damage. You might be on the verge of a worse scenario if you withheld insurance or vehicle identification information as well as your phone number.
The other driver might blame you for the accident, report the fender-bender to his insurer, and claim that you left the scene after striking him. If you get into an accident and your insurance company finds out, they will undoubtedly get furious if the “good driver” files a damage claim against you through them for an unmentioned accident. Even if it’s unpleasant to inform your auto insurance and the DMV about a minor accident, it may save you a lot of money, including policy cancellation, a fine, and/or six months in jail - even possibly a lawsuit. In the end, the risk isn’t worth it.
Have a few bumps in the road on your driving record? No worries, Insurance Navy takes on drivers of all risk levels to get them the coverage they need. Get a free car insurance quote online or phone us at 888-949-6289 to speak with an insurance expert.