Hi All, in July 2021 another driver and I were in a parking lot. Both of us were reversing at the same time; however, I stopped. The other driver kept reversing and 3 seconds later their car rear-ended our car and our car was left with a dent and paint scratch on the rear right edge. Their car wasn't badly affected. The other driver offered to pay us cash and gave us their insurance. We decided to go through insurance to start a claim. At first, they told us it would be 50/50 at fault on both parties. However, we showed them the sentry mode footage and we moved forward in the claims process.
Fast forward to today, we received a quote from the repair shop for $2780, but our insurance is asking for us to pay the deductible of $2500. After paying for the repairs, our insurance will work with the other party's insurance to reimburse us. However, if the other party's insurance denies responsibility, we will need to go through arbitration and potentially lose out on the reimbursement.
What should I do? Move forward with the repairs or just let it go and do nothing? If the fault is found on both sides, would I be subject to higher premiums?
This occurred CA, USA.
Fast forward to today, we received a quote from the repair shop for $2780, but our insurance is asking for us to pay the deductible of $2500. After paying for the repairs, our insurance will work with the other party's insurance to reimburse us. However, if the other party's insurance denies responsibility, we will need to go through arbitration and potentially lose out on the reimbursement.
What should I do? Move forward with the repairs or just let it go and do nothing? If the fault is found on both sides, would I be subject to higher premiums?
This occurred CA, USA.