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      03-19-2019, 12:22 PM   #1
hatepotholez
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Wife's car hit while parked, will insurance rate to go up?

Wife's 128i got hit on both sides while parked on the front fender and bumper, I was wondering if my rates will go up if I make a claim? I have Geico.

Thanks!
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      03-19-2019, 12:45 PM   #2
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In the UK, your rate goes up even if you have a non-fault accident & all costs are recovered from third party.

I read somewhere it's because if you get into a non-fault accident, you are then statistically more likely to be involved in an accident where you are at fault down the line.

I believe in your case you don't know who hit your wifes car? In which case yes your rate will certainly go up as your insurance company will be paying.
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      03-19-2019, 12:59 PM   #3
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Quote:
Originally Posted by Run Silent View Post
Have you tried calling Geico and asking? That's probably the first thing I would do.

In addition, your auto rates are only expected to surge if you are at fault in an accident. If someone else is at fault, the full claim is almost always handled through their insurance company not yours.
It sounds like it was a hit and run where OP would have to file against his own insurance.

In this case, YES your premium will go up. It doesn't matter if its your fault or a not at fault - a claim is a claim. Obviously a not at fault claim is less significant than an at fault, but you will see an increase in your premium. Be ready to change insurance provider upon your next renewal.

Ask how I know. I now have full dash cams and extended batteries for shit like this.
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      03-19-2019, 01:01 PM   #4
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Yes and it will show up as you got into an accident if you start looking for insurance quotes.

At least mine did
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      03-19-2019, 01:04 PM   #5
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Quote:
Originally Posted by obert View Post
Yes and it will show up as you got into an accident if you start looking for insurance quotes.

At least mine did
Correct, I've heard from many insurance agents that it shows up as an accident no matter who was at fault.

When you shop for insurance the companies don't see who caused the accident, just that there was one.

In my opinion its a broken system
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      03-19-2019, 01:07 PM   #6
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Get a quote from a body shop, ask for the cash rate, and if it's not wildly more than your deductible, just pay for it yourself. Cash rates at body shops can be much lower than what they'd bill an insurance company.
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      03-19-2019, 01:51 PM   #7
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I really don't want to leave Geico, I have their mechanical coverage on my M3 and i'm locked in now as i'm over 15k miles on my M3. Guess i'll pay out of pocket.
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      03-19-2019, 02:08 PM   #8
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Quote:
Originally Posted by hatepotholez View Post
I really don't want to leave Geico, I have their mechanical coverage on my M3 and i'm locked in now as i'm over 15k miles on my M3. Guess i'll pay out of pocket.
that makes sense. I have GEICO and MBI and it makes it hard to switch. Gives me a 7 year warranty (in effect).

If you have been with GEICO for a while, you may have accident forgiveness. But even if you do, you probably want to compare the cost of the repair out of your pocket with saving the accident forgiveness for a more important accident.
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      03-19-2019, 03:51 PM   #9
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Quote:
Originally Posted by Red Bread View Post
Get a quote from a body shop, ask for the cash rate, and if it's not wildly more than your deductible, just pay for it yourself. Cash rates at body shops can be much lower than what they'd bill an insurance company.
this doesn't apply everywhere. My cash rate is higher than insurance rate, as insurance companies have established rates that are way too low. The only reason we honor those rates is because they send us volume of work. Cash job is 1 time deal, and owners are usually a lot more picky when they are paying for the repairs themselves. Not much incentive to do the job cheaper for cash customers.
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      03-19-2019, 04:24 PM   #10
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Quote:
Originally Posted by Run Silent View Post
It's quite different here in the US and it also varies a ton from one state to another. OP - you may also want to look into the option of claiming a comprehensive claim versus a collision claim if the car was parked. Comp claims don't increase your rates. Typically, if another car was involved - they will lean to COLL, but it's worth that discussion.
His car was hit by another car so no matter what, it will not fall under comprehensive because another vehicle was involved. This happened to me many years ago and the fact that a car hit my parked car, it did not fall under comprehensive and fell under collision. Funny fact is even if a bicycle hit your car it would not fall under comprehensive according to the adjuster
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      03-19-2019, 04:57 PM   #11
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I was told recently by Erie Insurance that my rate wouldn't go up on the first claim.
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      03-20-2019, 12:20 PM   #12
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A discussion with your insurance company is definitely in order here. I would lean towards comprehensive as your car was not in motion at the time. You were not operating the vehicle. And therefore it was outside of your control.

I would get a police report filed too. This will bolster your case even more as your insurance company will probably ask if you've done this if they haven't done so already.
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      03-20-2019, 12:45 PM   #13
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Quote:
Originally Posted by hatepotholez View Post
I really don't want to leave Geico, I have their mechanical coverage on my M3 and i'm locked in now as i'm over 15k miles on my M3. Guess i'll pay out of pocket.
Whaaaat you guys can have insurance on your car breaking down? That's so cool.

So if you're M3 rod bearing shit the bed you would be basically covered?
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      03-20-2019, 12:53 PM   #14
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you can wipe your ass with a mechanical coverage contract on cars like an m3....theyll def make you just wish you paid out of pocket for a repair than the warranty when all the dust settles...not bashing you....but the amount of hoops you need to jump through for something u paid a hefty premium for its just bs nowadays...

OT....its almost impossible to avoid insurance rate fluctuations... a tree could fall on your car tomorrow and increase both your home and auto insurance if under the same company.....we pay to insure all; remember there is only one pot of money.

i guess im salty...because shopping for car insurance is such a painful process.
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      03-20-2019, 01:00 PM   #15
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Quote:
Originally Posted by G35POPPEDMYCHERRY View Post
you can wipe your ass with a mechanical coverage contract on cars like an m3....theyll def make you just wish you paid out of pocket for a repair than the warranty when all the dust settles...not bashing you....but the amount of hoops you need to jump through for something u paid a hefty premium for its just bs nowadays...

OT....its almost impossible to avoid insurance rate fluctuations... a tree could fall on your car tomorrow and increase both your home and auto insurance if under the same company.....we pay to insure all; remember there is only one pot of money.

i guess im salty...because shopping for car insurance is such a painful process.

Can you give me an example of what Geico didn't want to cover on your M3?
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      03-20-2019, 01:48 PM   #16
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Quote:
Originally Posted by zx10guy View Post
A discussion with your insurance company is definitely in order here. I would lean towards comprehensive as your car was not in motion at the time. You were not operating the vehicle. And therefore it was outside of your control.

I would get a police report filed too. This will bolster your case even more as your insurance company will probably ask if you've done this if they haven't done so already.
Comprehensive may work in some states. Didn't work on my car in TX that fell 30' when the parking garage collapsed. Had to go through collision, even though it only hit the earth and I was 500+ feet away at the time.
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      03-20-2019, 04:05 PM   #17
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If they do end up raising your rates, you should shop for a new insurance company fater three years. GEICO looks at a trailing five year history while most other companies look at only three.

I had a $35k claim with GEICO that shockingly did not raise my rates very much. When I hit a deer about a year later ($3k claim), my rate went through the roof. They actually said it was not that the claim was large, it was that they were close together, putting me in a high-frequency risk bucket. Had I not had the second claim, my rate wouldn't have gone up much at all.

That said, the second the first accident turned three years old, I switched insurance companies as they only recognized the $3k claim.
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      03-20-2019, 08:46 PM   #18
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Rate shouldn't go up If your car was hit when parked. Rate only goes up If you're at fault. At least with my insurance. They are cool so far.
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      03-21-2019, 04:07 AM   #19
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I had a car parked in a lot some years back. Came back out to find it diagonal, a spot over from where I left it, and crushed driver rear.

Filed as COMP and only out of pocket for my deductible. No rate hike.

State Farm in Atlanta area.
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      03-21-2019, 08:56 AM   #20
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I'm not going to try to call Geico, my friend called Geico just to ask if they covered a flat tire and they raised her rates, lmaoooo I was shocked.
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      03-22-2019, 12:29 PM   #21
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Quote:
Originally Posted by hatepotholez View Post
I'm not going to try to call Geico, my friend called Geico just to ask if they covered a flat tire and they raised her rates, lmaoooo I was shocked.
This has been my process as well. NEVER call your insurance company, even if it's just to ask them if something's covered.
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      03-24-2019, 05:24 AM   #22
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Quote:
Originally Posted by hatepotholez View Post
I'm not going to try to call Geico, my friend called Geico just to ask if they covered a flat tire and they raised her rates, lmaoooo I was shocked.
Damn dude. Time for a new insurance company. State Farm has been slick.
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