1. Welcome to Tacoma World!

    You are currently viewing as a guest! To get full-access, you need to register for a FREE account.

    As a registered member, you’ll be able to:
    • Participate in all Tacoma discussion topics
    • Communicate privately with other Tacoma owners from around the world
    • Post your own photos in our Members Gallery
    • Access all special features of the site

Wife hit my truck with our van. Report to insurance?

Discussion in 'Off-Topic Discussion' started by LiquidArrogance, Apr 27, 2022.

  1. May 2, 2022 at 6:33 AM
    #41
    cromag27

    cromag27 THE insurance expert - licensed in all 50 states

    Joined:
    Jul 10, 2018
    Member:
    #258888
    Messages:
    781
    Gender:
    Male
    First Name:
    dexter morgan (matt)
    phx-ish
    Vehicle:
    2011 trd off road dcsb
    i get that to an extent. insurance is a highly regulated industry. but it sucks something like that is called fraud, and so is staging an accident to gain money. but to be honest, we do have different categories of fraud. so it’s not all the same to us. every year when i have to take fraud training courses we’re always reminded that not reporting an accident is considered fraud.

    there are a couple reasons why i believe it’s still important, regardless of how ridiculous consumers think it is.

    1. damage just happened to two vehicles the insurance company is insuring against damage/risk. if you don’t tell your company about any damage, it opens the door to future fraud. it also doesn’t tell your insurance company the extract risk they’re taking on. that risk has just changed with the new damage.

    2. driving records need to be updated! even if you hit your own vehicle you are responsible for an “at fault” accident. this needs to be reported to the repository company we all use to track accidents and claims (lexisnexis). you still caused an accident and your record should reflect that.
     
    RugglesTarlek likes this.
  2. May 2, 2022 at 8:11 AM
    #42
    Off Topic Guy

    Off Topic Guy Well-Known Member

    Joined:
    Jan 13, 2022
    Member:
    #387135
    Messages:
    628
    No offense to you personally, but this entire train of thought is why people DON'T report accidents involving only themselves. I completely understand why you as an insurance company would want this information. Because without it, its "potential money lost", not "potential future fraud".
     
  3. May 2, 2022 at 8:19 AM
    #43
    cromag27

    cromag27 THE insurance expert - licensed in all 50 states

    Joined:
    Jul 10, 2018
    Member:
    #258888
    Messages:
    781
    Gender:
    Male
    First Name:
    dexter morgan (matt)
    phx-ish
    Vehicle:
    2011 trd off road dcsb
    that’s one in the same to us.
     
  4. May 2, 2022 at 8:23 AM
    #44
    Off Topic Guy

    Off Topic Guy Well-Known Member

    Joined:
    Jan 13, 2022
    Member:
    #387135
    Messages:
    628
    Having repairs done self pay doesn't really warrant the title of "fraud". If a rock chips/cracks my windshield going down the road, and I choose to go the self pay route instead of an insurance claim, am I committing fraud?
     
  5. May 2, 2022 at 9:01 AM
    #45
    cromag27

    cromag27 THE insurance expert - licensed in all 50 states

    Joined:
    Jul 10, 2018
    Member:
    #258888
    Messages:
    781
    Gender:
    Male
    First Name:
    dexter morgan (matt)
    phx-ish
    Vehicle:
    2011 trd off road dcsb
    that’s a comprehensive claim and we are talking about accidents.

    and you don’t get to dictate what is “fraud”, we do.
     
  6. May 2, 2022 at 9:08 AM
    #46
    Off Topic Guy

    Off Topic Guy Well-Known Member

    Joined:
    Jan 13, 2022
    Member:
    #387135
    Messages:
    628
    Fair enough; lets rephrase, if I have back my truck into my garage, and hit the brick wall upon entry, busting up the bumper; is it fraud if I choose to just source the bumper cap on my own and fix it?

    The comprehensive claim was the same idea though; you said yourself potential money lost and fraud are the same, which was the only reason I gave that example.
     
  7. May 2, 2022 at 9:28 AM
    #47
    cromag27

    cromag27 THE insurance expert - licensed in all 50 states

    Joined:
    Jul 10, 2018
    Member:
    #258888
    Messages:
    781
    Gender:
    Male
    First Name:
    dexter morgan (matt)
    phx-ish
    Vehicle:
    2011 trd off road dcsb
    yeah rate evasion. it’s all considered “soft fraud”. so like i said before, different category. i’ll have to screen shot the training material next year for the exact wording. but the skinny if it is - by not reporting claims, you could be gaming the system to obtain a lower (incorrect) premium.
     
  8. May 2, 2022 at 9:36 AM
    #48
    six5crèéd

    six5crèéd Learn from yesterday™

    Joined:
    Jul 9, 2019
    Member:
    #298734
    Messages:
    24,517
    Gender:
    Male
    First Name:
    Bruce, or Crèéd, neither is correct.
    N.C.
    Vehicle:
    2020 DCLB
    Would that be auto fraud or homeowner fraud?
     
    Off Topic Guy likes this.
  9. May 2, 2022 at 9:39 AM
    #49
    Off Topic Guy

    Off Topic Guy Well-Known Member

    Joined:
    Jan 13, 2022
    Member:
    #387135
    Messages:
    628
    both apparently!
    Oh I believe you, and I understand completely why insurance would try to regulate something like this. Just doesn't mean I, or others agree with it; but like you said, we don't make the rules, you do. I think most understand it from a business standpoint. I think the disconnect is I (not speaking for everyone) view insurance as a service that I invest in should I need it. In any event that I'm not required by law to involve my insurance, its my choice whether or not I choose to cash in on that investment. If I choose not to, why should I be penalized?
    For the record, my vote was report to insurance. I just think the consumer isn't fraudulent if he chooses the self pay route.
     
    six5crèéd likes this.
  10. May 2, 2022 at 9:41 AM
    #50
    DingleTower

    DingleTower My truck is like yer truck

    Joined:
    Dec 21, 2020
    Member:
    #350283
    Messages:
    914
    Manitoba
    Vehicle:
    Pro MT - Lunar Rock
    Lol. "Soft fraud."

    I'll softly repair my own truck if I want and my insurance company can softly get fucked.
     
  11. May 2, 2022 at 9:47 AM
    #51
    Toyko Joe

    Toyko Joe Here for the pictures

    Joined:
    Sep 19, 2014
    Member:
    #138654
    Messages:
    4,089
    :rofl:Soft fraud... :jerkoff:

    Gaming the system for a lower rate... you mean paying for the damage out of pocket instead of getting screwed by higher rates for the next 3+ years. :jerkoff:

    If I had the state minimums in a bank account and could guarantee self insurance for liability then I would do that over the insurance company thieves.

    Literally from a insurance company, with no mention of "soft fraud" or that it has to be reported:
    When to Consider Paying for Your Repairs
    There are three basic reasons that people might consider paying for their repairs themselves if a car accident occurs. If the total cost for the repairs is less than their deductible, the insurance company will not pay for the damages anyway. There is no point in filing a claim, which can increase your premiums, if the company won't pay for the damages anyhow. Secondly, if the accident does not involve another vehicle, you may want to cover the repairs yourself. Keep in mind that it is insurance fraud if you use a later accident to have repairs from an earlier accident fixed. Lastly, people who have made several insurance claims already may opt not to make a claim so that they do not lose the ability to purchase insurance, or to prevent their rates from going up even higher. https://www.general.com/articles/can-i-pay-car-repairs-without-using-my-insurance

    You have earned the Ignore button.
     
    Last edited: May 2, 2022
  12. May 2, 2022 at 10:16 AM
    #52
    LiquidArrogance

    LiquidArrogance [OP] Well-Known Member

    Joined:
    Aug 25, 2021
    Member:
    #375204
    Messages:
    557
    Gender:
    Male
    Streets of Bakersfield
    Vehicle:
    2021 SSM Sport 4x4
    I'll just chime to say that I find it funny (given the entirety of this conversation) that when I told Geico I didn't care about the damage to the truck and didn't want them to fix it... they didn't even ask to see pictures. So obviously THEY didn't care too much about documenting that damage. :rofl:

    In any case... Like others have said: I can see both sides of the coin here.
     
    Key-Rei, six5crèéd and Toyko Joe like this.
  13. May 2, 2022 at 10:28 AM
    #53
    six5crèéd

    six5crèéd Learn from yesterday™

    Joined:
    Jul 9, 2019
    Member:
    #298734
    Messages:
    24,517
    Gender:
    Male
    First Name:
    Bruce, or Crèéd, neither is correct.
    N.C.
    Vehicle:
    2020 DCLB
    Reported.






    :rofl::rofl::rofl:
     
    Toyko Joe likes this.
  14. Jun 12, 2022 at 11:52 AM
    #54
    LiquidArrogance

    LiquidArrogance [OP] Well-Known Member

    Joined:
    Aug 25, 2021
    Member:
    #375204
    Messages:
    557
    Gender:
    Male
    Streets of Bakersfield
    Vehicle:
    2021 SSM Sport 4x4
  15. Jun 12, 2022 at 12:06 PM
    #55
    ppham444

    ppham444 Well-Known Member

    Joined:
    Mar 28, 2010
    Member:
    #34175
    Messages:
    2,236
    Gender:
    Male
    First Name:
    Phuong
    Portland, OR
    Vehicle:
    2010 Double cab 4X4 TRD Sport with JBL
    Redline Tuning hood struts, tinted windows, FX-R HID projector retrofit headlights, AMP power steps, Morimoto XB projector LED foglights, LED bed lights
    You should not try to see the world like both sides of a coin. It actually have 3 sides. Top, bottom, and perimeter.
     
  16. Jun 12, 2022 at 12:18 PM
    #56
    LiquidArrogance

    LiquidArrogance [OP] Well-Known Member

    Joined:
    Aug 25, 2021
    Member:
    #375204
    Messages:
    557
    Gender:
    Male
    Streets of Bakersfield
    Vehicle:
    2021 SSM Sport 4x4
    Three dimensional thinking
     
  17. Jun 12, 2022 at 6:02 PM
    #57
    saint277

    saint277 Well-Known Member

    Joined:
    Apr 14, 2020
    Member:
    #324724
    Messages:
    763
    LiquidArrogance [OP] likes this.
  18. Jun 12, 2022 at 8:43 PM
    #58
    Rock Lobster

    Rock Lobster knows nothing, yet an expert in everything.

    Joined:
    Dec 14, 2018
    Member:
    #275833
    Messages:
    7,040
    Gender:
    Male
    First Name:
    Ryan
    Dee Eff Dub
    Vehicle:
    Sport Crew represent
    Absolut_Boost and Key-Rei like this.

Products Discussed in

To Top