Originally posted by Ungas
Claim it from your insurance, an over estimated cost would be 10k for the painting and restoration process. Multiply by 5% since your vehicle is under a year old. (2 year old vehicles have 8% participation fee on some insurance companies).
i beg to disagree, own damage claims are charged a fix 0.5% (for passenger cars) of the vehicle's insured amount as participation fee. commercial vehicles rate is 1%. for vehicles more than 5 yrs old, you will be charged for the depreciation (don't know how to compute this) on top of the participation fee.

so in sHoCkAbSoRbEr's case, i believe the car is less than 2 yrs, with an estimated insured amount of 550,000.00, the participation will be less than 3,000.00