The cost of fixing a fender bender varies greatly depending on the vehicle and the speed of the collision. For example, according to Esurance, an SUV colliding with a car can cause damage ranging from $2,995 to $7,444 across the two vehicles.
The out-of-pocket cost of a fender bender varies greatly. Even a collision at 10 miles per hour between two vehicles can create combined damages between $3,000 to $10,000. This represents out-of-pocket expenses. Provided the at-fault driver has adequate collision coverage on the vehicle, the expenses for the driver are limited to the amount of the collision deductible on the insurance policy. In addition, there is potential to have increased insurance premiums after the accident.