If the damage is over $500 you are required to inform the DMV. Many moons ago I was rear ended and the driver pleaded with me to just pay it off. There was a shop nearby and I got a quote for repairs and I was paid in cash a half hour later. I GOT LUCKY that there were no other issues. If you accept cash and something goes wrong later, you cannot go back as you have settled the claim.
Last edited by winnre; 12-28-2013 at 10:38 PM.
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