Should I Or Should I Not Report Him?
Hi,
A young guy hit my car parked on the private parking lot and just ran a way without hesitation. I have the surveillance video of the scene but I can't tell the licence plate number from the blurry image. I reported the incident to the police in about 30 minutes after reviewing the video clip and an officer came to hear about it and checked the video. The officer told be it is not necessary to report if the damage is under $1000. Dent on the bumper is pretty big and some push clips holding the bumper are popped out. However, it seems under $1000. I don't want to make the situation complicated - I really don't want to make the kid's life miserable.
However, one thing that bugs me is that - my brother told me - it might affect my future insurance rates as a consequence if I fail to report to the insurance company even though I'm 'not at fault'. I'm not sure if the $1000 rule applies to the insurance companies as well.
Should I or should I not report him? Any advice or suggestions would be gratefully appreciated,
Thank you