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How much would insurance cost if you were involved in a car accident that was your fault and both drivers have liability insurance?

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Wiki User
2007-02-28 06:26:33
2007-02-28 06:26:33

How much will it COST? If you have a good record of several years without claims, your premiums may not increase, but if you are a new driver or have had prior claims the increase will be determined by your insurer and no one else can give you a definite answer. Or how much will it PAY? If it was your fault, your liability coverage will pay for the damage to the other driver's car and if you do not have collision coverage, you get to pay for your own repairs.

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No, all states require liability insurance for drivers. There are some states, however, which only require the bare minimum.

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Time to dig into your savings and pay the claim yourself or you can find your drivers license suspended for the next 10 years or until you pay off your debt from the accident, whichever comes first.


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