E90Post
 


Horizon LED
 
BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > General E90 Sedan / E91 Wagon / E92 Coupe / E93 Cabrio > Deep dent on my car, should I upgrade my insurance?



Reply
 
Thread Tools Search this Thread
      04-26-2011, 04:02 PM   #1
sunnysocal234
Registered
0
Rep
1
Posts

 
Drives: van
Join Date: Apr 2011
Location: cali

iTrader: (0)

Angry Deep dent on my car, should I upgrade my insurance?

So I was driving to work and I heard a loud clonk on the passenger side of my car. When I get to work, I look to see that I have a really deep 1 inch red dent next to my gas tank. Now I've asked an auto repair place before about repairing things on this panel and he said it wouldn't be cheap because it's a large panel and they have to blend it.

So here's my dilemma...

Right now I have a pretty high deductible. I can either file collateral and pay the deductible to fix my dent,

--or--

I upgrade my deductible to something very low and then report the dent as something I got after the upgrade.

my question is, has anyone tried to do this before? and what are the chances of this working out in my favor? Is there any way they can tell that the dent was from a long time ago versus recently?

I'm thinking about upgrading, and then waiting a month to claim it. Any ideas or advice would be helpful. Thanks!
Appreciate 0
      04-26-2011, 04:15 PM   #2
BMWUltimateDriv3r
First Lieutenant
15
Rep
322
Posts

 
Drives: '08 328xi
Join Date: Apr 2011
Location: NY

iTrader: (0)

Wow, that is really unethical.
Appreciate 0
      04-26-2011, 04:21 PM   #3
RaceBlood
Going nowhere fast.
RaceBlood's Avatar
United_States
31
Rep
2,243
Posts

 
Drives: 2 wheels
Join Date: Mar 2011
Location: Downtown

iTrader: (0)

Show us a picture of the dent- most small dents can be repaired without paint.

I would not be committing fraud, regardless.
Appreciate 0
      04-26-2011, 04:24 PM   #4
Gregxi
First Lieutenant
Gregxi's Avatar
United_States
13
Rep
336
Posts

 
Drives: 2006 330xi 6mt
Join Date: Feb 2011
Location: On the crapper

iTrader: (0)

Sucks you got the dent, but why go through the hassle of making a new username to make this post?
Are you afraid of Insurance fraud?
Because thats what it is
Appreciate 0
      04-26-2011, 04:29 PM   #5
Buegie
Captain
Buegie's Avatar
United_States
13
Rep
694
Posts

 
Drives: 330xi
Join Date: Feb 2008
Location: CT/DC

iTrader: (2)

and this is (partly) why we pay so much for insurance
__________________
Black Dakota | Aluminum | Sport | Premium | Cold | iDrive | CA
Appreciate 0
      04-26-2011, 04:31 PM   #6
cssnms
Brigadier General
cssnms's Avatar
United_States
77
Rep
3,180
Posts

 
Drives: 2011 BMW 335d
Join Date: Sep 2010
Location: Murland

iTrader: (4)

So let me get this straight... Your car gets dented, then you come this forum and start a thread asking for feedback about defrauding your insurance company? You do know insurance fraud is a felony right?
Appreciate 0
      04-26-2011, 04:33 PM   #7
wren57
Roll Tide
wren57's Avatar
30
Rep
1,596
Posts

 
Drives: 335i
Join Date: Jul 2010
Location: Down South

iTrader: (8)

I advise against committing insurance fraud.

http://www.insurance.ca.gov/0100-con...-is-felony.cfm

Beyond being highly unethical, it is a crime.
Appreciate 0
      04-26-2011, 04:45 PM   #8
John 070
Lieutenant General
157
Rep
11,517
Posts

 
Drives: 335i cpe
Join Date: Oct 2006
Location: ZSP/ZPP/ZCW

iTrader: (0)

I'm no fan of insurance companies. After all, they say sell life insurance or an annuity, and they have ways of not paying out. And, they even charge a mortality risk expense in case you die too soon, or live too long, and mess up what their actuaries were thinking. Then car insurance uses used parts (some that advertise on TV with animals that are green, have an Australian accent and a long tail) to fix 2010 BMW's. Pretty bad are health insurance providers who look to see if you have a lapse in coverage for say 63 days, and if so, you won't be covered due to a preexisting condition.

For all the cheating (morally speaking, all legal) that insurance companies do, so that the CEO can have a shore house, corporate jet, and medical doctors as lackeys, I would never condone fraud, which is what the OP is suggesting.
Appreciate 0
      04-26-2011, 04:51 PM   #9
Weebl
Weebl wobbles but eats Pie
15
Rep
1,525
Posts

 
Drives: 2008 335i, 2000 740i
Join Date: Mar 2011
Location: SF Bay Area

iTrader: (0)

I bet if the State dept of insurance asked E90 for the contact information...
http://www.e90post.com/forums/showthread.php?t=522176
Cobb gobbler
__________________
Kevingoto.smugmug.com
2000 740i-Annalisa and 2008 335i-Weebl. Weebl may wobble but has DTC
Appreciate 0
      04-26-2011, 05:18 PM   #10
chucktang
Second Lieutenant
2
Rep
202
Posts

 
Drives: '07 335i e92
Join Date: Jan 2011
Location: NorCal

iTrader: (0)

yes, they can use carbon dating and then you'd go to jail. Don't risk it!
Appreciate 0
      04-26-2011, 05:37 PM   #11
Tom K.
Major General
Tom K.'s Avatar
United_States
55
Rep
5,416
Posts

 
Drives: '07 328iT, '13 Boxster
Join Date: Mar 2008
Location: Maryland

iTrader: (0)

As everyone else said, your original fraud idea sucks. And unless the damage is significantly more than your deductible, I'd avoid filing the claim at all because a collision claim will most likely increase your premium more than the ins. co. pays out!

Tom
Appreciate 0
      04-26-2011, 07:45 PM   #12
Nelly68
Registered
0
Rep
4
Posts

 
Drives: 2009 335xi Space Grey Sedan
Join Date: Apr 2011
Location: Buffalo, Ny

iTrader: (0)

I used to work for insurance company. Any time someone reports a "Loss" one of the first things they review to verify coverage is see what changes have been made to your policy. Adding coverage or changing deductibles within 60-120 after a loss is reported is a major red flag.
Appreciate 0
      04-26-2011, 08:23 PM   #13
ceb
NHTSA Nazi
21
Rep
1,979
Posts

 
Drives: 335ix
Join Date: Aug 2009
Location: MD

iTrader: (1)

Quote:
Originally Posted by Nelly68 View Post
I used to work for insurance company. Any time someone reports a "Loss" one of the first things they review to verify coverage is see what changes have been made to your policy. Adding coverage or changing deductibles within 60-120 after a loss is reported is a major red flag.
I think the OP should do it. He'll be able to try out the spacious rear seat of a Crown Vic and will make new friends in the pen.

Aside from red flags, insurance companies are cracking down on fraud and there are many instances where insurance companies are prosecuting to the full extent.
Appreciate 0
Reply

Bookmarks

Tags
deductible, dent, insurance

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 03:00 PM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST