What is the name of your state (only U.S. law)? NY
Guys, as we all know, a lot of people in an accident want to deal directly with each other keeping insurance out. Here are my questions:
1) If another driver has rear-ended my car and wants to deal directly with me, should I still get a police report in case he chooses to back out later?
2) I'm guessing police reports are also sent to the DMV. Do insurance companies scan these reports and would raise the premium of the at-fault driver even though he didn't directly report it and no claim was paid out? As I said, we choose to deal directly with cash
3) Would the police report also somehow land in the hands of carfax and thus potentially reduce the resale value of both cars in the future?
Thank you
Guys, as we all know, a lot of people in an accident want to deal directly with each other keeping insurance out. Here are my questions:
1) If another driver has rear-ended my car and wants to deal directly with me, should I still get a police report in case he chooses to back out later?
2) I'm guessing police reports are also sent to the DMV. Do insurance companies scan these reports and would raise the premium of the at-fault driver even though he didn't directly report it and no claim was paid out? As I said, we choose to deal directly with cash
3) Would the police report also somehow land in the hands of carfax and thus potentially reduce the resale value of both cars in the future?
Thank you