1. Should you file that claim? Sadly, there are times where simply opening a claim EVEN IF YOU AREN'T PAID ANYTHING can have a negative impact on future rates. So, ask your agent or broker, if you have one. You could also check in with a local body shop and get an estimate and then compare this to your deductible
2. Insurance is the same but different for everyone. My spouse and I have had $1000 deductibles on our vehicles for 7+ years. Why? Because if our vehicles are "safe and presentable," we are good. Both have little dings and scratches. Now, if we had $500 deductibles and one of those dents cost $775 to fix would we do it? Probably not. But, to each his own. The thing to be aware of is that claims are claims. No agent or broker really knows the impact of a claim on a record. And, your record isn't my record or anyone else's so who knows
3. But I have loss forgiveness? Cool, good for you. The thing is, loss forgiveness often just means no surcharges, it doesn't mean your tier, or other rating factors won't change. Just that you won't see a specific "extra" charge for that claim.
4. Each company looks at things differently and your record will be different than your friends who forgot about that 4 year old glass claim and the small ticket they had 3 years ago. Most tickets and accidents impact a rate for 3-5 years. Your broker or agent should be able to help navigate this schedule
Claims happen, rates go up, and rates go down
Even the most careful drivers can be involved in a car accident. If you find yourself in this situation, read this article for tips to help you get through the aftermath safely: https://bit.ly/3r377tE