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Personal Finance (Not Investing) • Teen wreck - insurance question

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So my 16yo was driving to work and swerved to miss someone coming in her lane. Went off the road and hit a road sign - I guess the sign got hooked on the side and ripped off the paneling and bumper/taillight and messed up the front wheel. Long story short we filed a police report because of the property damage. Police said they aren’t submitting anything to insurance but will insurance find out anyway? I’m going to guess the damage is $4-5k (which is about what the vehicle is worth). I don’t plan to submit a claim but if they are going to find out and Jack rates anyway I figure I might (or would it not be worth it? ) I actually still have full coverage on it because it was super cheap under me and didn’t drop yet. Everything I’ve been researching online has been pretty vague.
Was your 16yr-old covered by the policy as an authorized driver?

Your policy probably requires you to report the accident regardless.

Incidentally when you said "paneling" I immediately pictured her driving a woodie (or woody if you prefer that spelling.)

Statistics: Posted by tibbitts — Fri Jul 26, 2024 12:26 pm — Replies 2 — Views 120



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