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How would decreasing the number of auto accidents effect insurance premiums?
Wiki User
∙ 15y ago
FOr each accident that occurs, this results in a loss for the insurance agent. The less accidents that occur, the cheaper they become. Simple business practice
Wiki User
∙ 15y ago
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What effect will 95mph in a 60mph speed limit have on your insurance?
Your premiums will increase.
How does your son DUI effect your insurance?
If he is on your policy it may result in increased premiums.
Will a parking ticket raise insurance rates?
Generally parking violation will not effect your insurance. These are not considered moving violations and thererfore will not increase the premiums.
If you hit a wall does your insurance go up?
Most likely yes. All accidents for which we are at fault can effect our insurance rates.
Will disobeying lane light result in insurance premium hike?
Any moving violation, including disobeying a traffic control device can effect your insurance premiums
What is the effect on car insurance premiums of a first second and third offense for a minor who drives under the influence of alcohol?
There is a good chance you will get cancelled or at least your premiums are going to shot skyhigh.
What is the effect on car insurance premiums of a first offense for a minor who drives under the influence of alcohol?
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How do you get accidents off your driving record?
You cannot remove them from your record in any way. Different insurance companies use different time limits in order to underwrite risks. Most insurance companies use the last 3 years in order to rate your insurance premiums. There are some companies that rate for the previous 5 years. These are the only two periods that I am aware of in rating. Time is the only factor that can help you with tickets and accidents. Tickets and accidents are actually never removed from your driving record but the rating period of the company determines how long they effect your rate.
What is the effect on car insurance premiums for a first second and third offense for a minor who drives under the influence of alcohol?
What is the effect on car insurance premium for a first second and third offense for a minor who drives under the influence of alcohol
How will failing to make complete stop at red light before right turn effect your insurance?
If you're not pulled over: no effect Pulled over: depends. Police just give you warning? Maybe little higher premiums. You forgot drivers license and cuss out the officer? Your premiums are going to skyrocket
What is the effect on accelerationif we decreasing velocity?
If you are decreasing velocity, you are undergoing negative acceleration.
Do you tell your insurance company about an accident if it was not your fault?
Yes. Your policy probably says something to the effect that you must report ALL accidents you're involved in.
