I read ended someone a few years ago that caused 800.00 in damage. My insurance went up 100.00 per month, and that surcharge stuck around for 3 years, so yes the company made money on my accidentGeorgia: tap a bumper, get a small $100 claim against you, they raise your rate $200 a year because you're a young Male. Oh and remove any helping discounts too now that you're a liability.