Hit Curb and totaled car – should I file a claim

I recently ran into a curb and most likely totaled my car. Still drivable but the alignment is off and shop said it would cost $4k+ to fix, higher than the value of my car. Based on the Kelley Blue Book value, my car value is about $1,000-$2,000 (185k miles Buick Regal with cosmetic damage). So, assuming that I filed a claim I would receive about $1,000 (after $500 deductible).

Is it worth it to file the claim and receive the the money, or would the increase to my rates counteract any money I would get? Thank you



View Reddit by Heavy_Draw126View Source

I recently ran into a curb and most likely totaled my car. Still drivable but the alignment is off and shop said it would cost $4k+ to fix, higher than the value of my car. Based on the Kelley Blue Book value, my car value is about $1,000-$2,000 (185k miles Buick Regal with cosmetic damage). So, assuming that I filed a claim I would receive about $1,000 (after $500 deductible).

Is it worth it to file the claim and receive the the money, or would the increase to my rates counteract any money I would get? Thank you



View Reddit by Heavy_Draw126View Source

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