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what state was this accident in?
thank you for that information - you will need to pay for their damages. it might be wise to contact your insurance agent and have them deal with it. that way, it will all be settled once and for all and the other driver wont later be able to come back and file for injury damage. just explain to the agent what happened and why it was not reported. you may be chastised for not reporting it immediately, but i am sure that will be nothing compared to a person who could later come back and file claims against you - also, the insurance company will want to evaluate the damage and make sure there is not some type of accident scam going on.
i hear ya and i understand what you are saying - but if you dont report it, you risk being held "hostage" by this driver - what if he comes back and sues you for some contrived injuries?
my opinion is you should report it. but if you dont want to do that to protect yourself from this driver then you should demand at least 3 estimates.