Not if you don't claim. What's your deductible (if any)?
My bro-in-law clipped his gatepost in his brand new, financed to the hilt Revo. Mostly paint gouges that would buff out, minor metal deformation and a partly torn plastic mud flap. He was dead set on getting it repaired and claiming on insurance. My rule of thumb is if a fender bender repair is under 10,000 baht, just pay for it yourself. Too many Thai owners use their insurance to get all the annual dings, dents and scrapes all sorted "for free".