It's hard to give an exact amount as each accident will have a different average. An impact will probably cost less than a theft. Also, if there is a personal injury claim involved the amount can be millions. I can only comment from the UK point of view, but an average minor shunt or minor impact claim will cost about UK£1,000- UK£4,000.
Car accidents can potentially cost drivers considerable amounts of money. As a result, auto insurance acts as a protector for the insured person against financial loss in the event of an accident. There are average costs for car accidents that have minor damages and subsequently different averages for major auto accidents. However, the costs associated for individuals with coverage are much less than without insurance. With this in mind, car accidents can increase auto insurance premiums.
The Costs for Minor Damages
The average costs associated with car accidents that involve only minor damage are approximately between two hundred and one thousand dollars for the motorist. Minor damage generally means that there is nothing significantly wrong with the vehicle and it is still operable. In addition, a minor car accident indicates that there are no physical injuries to anyone involved. Minor car accidents are typically not very expensive compared to major accidents; however they are even less costly for drivers with insurance coverage.
The Costs for Major Damages
In the event that someone is in a car accident with major damage, the average expense reportedly runs above five thousand dollars and can rapidly increase from there. Major car accidents are accidents that cause damage to vital components. In most cases, a major accident leaves an automobile inoperable. Additionally, major automobile accidents can potentially cause serious bodily harm to those involved in the accident and can even be fatal.
The Typical Costs with Insurance
Typically, with auto insurance the cost of out of pocket expenses on repairs for those who find themselves involved in an automobile accident range between from fifty to one hundred dollars. These averages vary, and are affected by the auto insurance deductible of the insured person's choice. Auto insurance protects drivers, whether At Fault or not, who could be involved in an auto accident. As a result, having car insurance saves an insured person thousands of dollars.
Accidents affect Premiums
If an insured person is involved in an auto accident, they will likely experience a rate increase in their car insurance premium. As a result, a car accident can dramatically raise an insured person's auto insurance rates. Additionally, for each incident, the auto insurance can raise even more. If an insured person has several car accidents, it may be difficult to find an insurance provider willing to cover them.
Average Annual Costs for Car Accidents
The national averages for car accidents are staggering. In 2008, AAA reported that accidents cost over one billion dollars per year which averages to over one thousand dollars per person annually. In addition, the report stated that nearly 43,000 people die in auto accidents each year. There are significant costs associated with automobile accidents and there are many drivers on the nation's highways.
The average costs for car accidents vary depending whether the accident is considered major or minor. However, accidents do not typically cost as much for insured motorists as for motorists without car insurance protection. Car accidents may not cost as much if the driver is insured, but auto accidents can raise car insurance rates considerably. Automobiles can be dangerous. Considering the costs involved to cover auto accidents coupled with the fatality rate, it is important to be a safe driver.
75,000
2000
3 million in West Virginia
The average cost of auto insurance in the U.S is $150 per month. However, this average rate is subject to be higher or lower depending on many factors.
The average cost of auto insurance depends on a lot of factors. Your age, driving record, location, type of car, and whether or not you have a garage or alarm, all play a factor in how much your auto insurance will cost.
$10, at least that's what I got.
Yes you can be in a auto accident in bad weather..
108.7 mph OR 175 km/h.
it depends on what accident in Florida the insurance would cost your butt.
The average cost of a 1969 Ford Mustang is $22k. This average cost can be seen on many auto shops online, but one that can be mentioned is the website Car Gurus.
Insurance companies use specialist software to calculate likely or average compensation costs for auto accidents. A common software system insurance underwriters use is called Colossus. Typical settlement figures range from $10 000 to $40 000 but attorney fees typically are around 25% of the settlement. The variance in settlements is very high due to the variety of different accident severities that exist.
My daughter got $30,000 for a broken nose in Georgia.