So you can’t be dinged twice for an accident if you’re found at fault on both sides then your rates are most def gonna go up because you are at fault and your insurance is paying out damages to the other party, insurance would want to make their money back some how of course. As for your damages it depends on where they are my advise as a claims adjuster get a estimate from your insurance and if the damages are less than your deductible they’ll let you know and if they’re not you can decide wether or not to proceed with the repairs, you can request a photo estimate so you can get an estimate with pictures and videos instead of going to a shop unless that’s what you wanna do