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Yes, All losses incurred are used to properly evaluate your risk. If you frequent places where vehicles are stolen or even if you live in an area with high accident or vehicle theft rates then this obviously effects you insurance premium.

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โˆ™ 2007-07-13 07:37:32
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Q: If your car is stolen at the mall can your insurance company raise your rates?
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When can a health insurance company raise their rates?

At renewal.


Can an insurance company charge inflation rates?

Insurance company have premium rates, Not inflation rates.


Will a traffic ticket for cutting corners raise your insurance rates?

A traffic ticket could raise your insurance rates. It won't raise them right away, but may come into play when the insurance is being renewed.


Can an auto insurance company raise your rates if you are in an accident?

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Do you have to declare accident on works policy to your own insurance company?

They may raise your rates so I wouldn't tell them.


Where can I find auto insurance at low rates?

Is there an auto insurance company that has low rates?


Will a no seat belt ticket raise your insurance rates if you got the ticket in MA and you live in NH?

Yes it will. Regardless of what state you get ticketed, your insurance company will catch wind of it.


Are auto insurance companies in Canada allowed to raise rates because of an accident?

Yes they are, and the majority of time that is when they will raise rates, especially when you are at fault. If you were at-fault for the accident and had to make a insurance claim, then your rates will definitely increase, since you are a higher risk driver, and the insurance company had to pay out because of you. If you are in an accident that you were not at fault, then your rates should not increase but they might. Some companies again see this as you being a higher risk driver since you were in a accident, even if it wasn't your fault, so they will raise the rates. If this happens, I recommend switching insurance companies, as a good company should not do this. In either case your rates will not increase until your insurance is up for renewal. At which point, if they do increase I would recommend looking around and comparing prices from other companies


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Is there an insurance company list?

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What are the insurance rates for commercial boats?

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What company has the best auto insurance rates in Philadelphia?

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Will a 2 point speeding ticket in a construction zone while driving a company vehicle raise insurance rates?

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Yes they do.


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You need to check with your agent or policy services for you company. They can tell you their rules for accident/claims related rate increases.


Does a texting while driving ticket add points to your driving record?

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A.M. Best Company rates various companies, including automobile insurance companies. Another option is Weiss Ratings, a company that rates an insurance company's financial strength.


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