Side swiped by a taxi while turning. Major body damage.

[army_men]

thank you guys for the kind words.im following up with my insurrance broker to see how much the premium would go up right now.

2 things i forgot to mention from the accident, the taxi driver did not exchange information or take pictures with me, when we went our separare ways we had not checked our insurrance policies, drivers licenses, or even our names. slim chance he will be filing insurance because i paid him off already.

and the white pluff on the seat is not the airbag. it's a hellokitty pillow. lol (i dont have one on the drivers side)

[nicknaz]

if he doesn't own the cab, he might not have a choice on whether or not to file

There is also the traffic law about the minimum dollar threshold for filing a police report

Proceed with caution dude and perhaps ask mods to delete thread...

[jparnes1]

Originally Posted by army_men

thank you guys for the kind words.im following up with my insurrance broker to see how much the premium would go up right now.

2 things i forgot to mention from the accident, the taxi driver did not exchange information or take pictures with me, when we went our separare ways we had not checked our insurrance policies, drivers licenses, or even our names. slim chance he will be filing insurance because i paid him off already.

and the white pluff on the seat is not the airbag. it's a hellokitty pillow. lol (i dont have one on the drivers side)

That sounds kinda fishy to me. Why would he leave without getting your info?How can he ever file a claim against you? I would have this thread deleted ASAP. It looks like you're off the hook for repairing his damage.

[army_men]

i paid the driver as per his request. the amount covers his repair and his work time. it was a mutual agreement. if he decide to seek me out for more issues id say thats out right fraud on his part.

[BMWZ4]

Gotta be downtown Toronto...I'm guessing. I've had a couple of near misses with cab drivers in the city. Bummer. Lots of 'buffing out' to be done. At least that wasn't a deployed air bag.....

[BMWZ4]

Originally Posted by jparnes1

Is it possible that your insurance rates would cumulatively add up over 5 years to the cost of your repair? That would seem like a pretty big increase. You might want to ask your insurance agent what the anticipated increase might be per year and do the math again.

Insurance in Canada, more specifically Toronto can be brutal, particularly for drivers under 25....if he claims this, it'll cost him BIG time....better to pay out of pocket for this one, unfortunately. It'll be WAY cheaper.

[jparnes1]

Originally Posted by army_men

i paid the driver as per his request. the amount covers his repair and his work time. it was a mutual agreement. if he decide to seek me out for more issues id say thats out right fraud on his part.

How did you figure out what his damage was worth? Seems pretty arbitrary.

[army_men]

Originally Posted by jparnes1

How did you figure out what his damage was worth? Seems pretty arbitrary.

because I paid him what he asked for. Perhaps I made a series of bad financial decisions, just hope that's all they were. Chinese have a saying, If it's a problem money can solve it's not much of a problem. hopefully getting my car back tomorrow, fingers crossed it's back to mint.

Cheers guys!

[keepittrill]

Don't even worry about it, it doesn't look like there was an frame damage, so it should be the same car when you get it back. Sid you have them give the engine a shakedown? The only downside is that if you ever try to sell it, it's going to have an accident on the record.

[army_men]

Originally Posted by keepittrill

Don't even worry about it, it doesn't look like there was an frame damage, so it should be the same car when you get it back. Sid you have them give the engine a shakedown? The only downside is that if you ever try to sell it, it's going to have an accident on the record.

Make sure you guys don't buy my car, lol. Actually there isn't going to be an accident record at all. Everything was done to keep things off record, other than breaking the bank it should feel like nothing has ever happened at all.

A celebration will be in order as I book my next track day. I've been rolling around in a 97' toyota Corolla that has hand rolling windows. FML

[keepittrill]

Even better! And driving that Toyota is only going to make you appreciate your car that much more!

[E89AWCR]

ahhh that is awful...hopefully the taxi company will pay

[BMWZ4RIDER]

Difficult decision. However insurance is there for use. If your car is fixed on the cheap as funds are not available for complete OEM repair, the resale will take more of a hit then the insurance premium increase and you will never be happy with the car. As well how many years of a premium increase is it going to take to recoup the out of pocket cash? What's your cash flow worth in todays dollars? Do you have to borrow to pay the of pocket? Lots of decisions. I would personally File a claim and as have to chalk this one up to experience.

[HABANEROTE]

Just call the insurance and tell them your car was parked and thats it...

[Kessler35is]

Originally Posted by davelrodriguez

Just call the insurance and tell them your car was parked and thats it...

The OP seems like a straight up guy and if he wanted to commit insurance fraud I doubt he would have made a form of digital evidence for someone to find.



If you have every asked why your rates are so high it is because of this type of stunt that defraud insurance companies and keep our rates high in the US.

[HABANEROTE]

I agree l'm in one of the worst cities ever on prices...