Hi guys,
This evening my car was parked stationary and another car reversed into it damaging my bumper. I saw it happen and he was driving off when i approached him. He accepted liability and said he'd pay for the damage without involving the insurance companies. I'm happy to do this but should i inform the guards and insurance company incase he doesn't pay up ? I don't want to end up chasing him for the money.
This evening my car was parked stationary and another car reversed into it damaging my bumper. I saw it happen and he was driving off when i approached him. He accepted liability and said he'd pay for the damage without involving the insurance companies. I'm happy to do this but should i inform the guards and insurance company incase he doesn't pay up ? I don't want to end up chasing him for the money.