Quantcast
answersLogoWhite
notificationBell

Top Answer
User Avatar
Wiki User
Answered 2007-08-22 11:00:30

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.

001
🙏🏿
0
🤨
0
😮
0
😂
0
User Avatar

Your Answer

Still Have Questions?

Related Questions

What happens if an accident is your fault and you have have insurance?

When this happens, your Insurance company pays for damages. If the accident is your fault, your insurance rates can go up.


Will your auto insurance increase if you get into an accident with a friend's car?

Not unless you received a violation for the accident. Otherwise it will show on your record as a not at fault accident and should not raise your rates.


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


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

In Michigan, if another driver is at fault and ticketed, my insurance company and probably others, will not raise your rates. If you are at fault, even if you are not ticketed because the accident was unavoidable, your rates would go up. My insurance company won't raise the rates for one accident, but will raise them for a period of three years after a second accident. If no more accidents during the three years, the rates go back down. If someone else is driving your car and has an accidents the same answer above applies. If you are parked and someone hits your car, even a hit and run, your rates don't go up. Other states may have other rules.


How much do auto insurance rates increase from an accident?

After an automobile accident the automobile insurance carrier will usually raise the rates of the liability 7-10% depending on the severity of the accident.


How much your insurance will go up after an accident at your fault having nationwide insurance?

That is solely up to the discretion of your insurance provider. Your rates won't necessarily go up, especially if this is your first claim. The Hartford insurance offers me first accident forgiveness, which basically guarantees that the insurance company will not raise my rates after my first accident. If this is your first accident and your policy includes this as well then your rtes won't rise at all.


What will a G2 driver on their parents insurance have to pay in insurance rates if they get in an accident?

I assume you are Canadian. I am as well, and I am a Broker. First of all, it's dependant upon if the accident was at fault, so rates may not change. If you are at fault, no matter if you are dropped thereafter, there will still be a price hike. If it's not at fault, generally the rate should stay the same. Rates may double in the case of at fault, dependant on company. Being a G2 driver already means premiums will increase the parents' policy. If you are in an at fault accident, this will further raise the cost. If you were not at fault, the premiums should NOT increase.


Can an insurance raise if you have been in an accident but not charged?

Absolutely, the fact that you are cited or not cited will not apply. The insurance company will determine your fault. For example, an accident caused on private property doesn't fall under police jurisdiction but you still caused it so your company would raise your rates.


Will your insurance premium go up if you are not at fault in Michigan?

Usually if an accident is determined not to be the insured's fault, then their insurance rates will not rise as the insurance company did not lose any money from covering the driver involved in the accident. If the accident is determined as being inconclusive, the rates may rise some, to adjust for the amount of money the insurance company lost in the accident.


If an accident is not your fault will it affect your insurance rates?

Shouldn't do provided other driver is identified.


Can an auto insurance agency raise your rates if you were in an accident in Washington State?

If you have an accident wherever you are your rates will probably increase slightly for a while. An at fault accident usually counts as 3 points with most companies which would be like 2 or 3 minor speeding tickets so it would increase your rates for a while.


Do accidents only go on your driving record if you get a ticket?

The accident will show but it will be marked as a not at fault accident and should not increase your insurance rates.


Can you save on your future premiums if you switch to a different insurer after a no fault accident?

Most companies don't raise rates based on a no fault accident when you are insured with them. So, if you are getting good driving discounts, they will probably remain. However, if you want to switch, the no fault accident might prevent you from getting the next company's best rates.


If you have no fault auto insurance will your insurance rates increase if you happen to be in an accident in which you were not at fault?

Generally speaking, no. However, in any moving incident/violation, your driving record is checked. If it turns out that you have a few past speeding tickets, and maybe another previous accident or two where you were not at fault, the insurance company may choose to tag you as a high-risk driver and increase your premium. On the other hand, if you are a driver with a spotless record, your rates will probably not go up in the event of an accident where you are not at fault.



Can you be charged higher car insurance after you were involved in an accident and it was on a different company policy it was also not your fault and settled by the other driver?

If I understand your question you are in an accident not your fault and it was settled, but the insurance was through a different company than the one you had ? I think they can hike the rates.


What happens with the insurance if you get in a wreck and its your fault?

We typically contact our insurance company and report the accident and the circumstances. That way the insurance company can pay the bills for you.Answerthe insurance company raises your rates and pay a deductable


Will my insurance payout for damages that wasn't my fault?

It could, most likely to fall under this category is medical payments. It pays out regardless of fault. Your rates should not go up if the accident wasn't your fault.


What happens if you have car insurance and you have an accident?

You call your insurance company and report it. if the accident is your fault, with very minor damage, you would be better off paying for the damages yourself, rather than telling your insurance company and having your rates go up.


Will auto body work raise my auto insurance premiums?

No, Unless the body work is being done because of an accident that you were found at fault in. Then rates are determined if damages are over or under a certain dollar amount, this amount varies by insurance company but the threshold is usually $750.00


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.


What type of accidents are covered by accident-only insurance coverage?

Any accident is covered, but keep in mind you're only covered for the amount of coverage you bought, and that if you are at fault, your rates will go up (and sometimes even if you're not at fault).


Will your premiums go up if you crash somebody else's car?

Yes. If it is determined that the accident was your fault, your insurance company will raise your rates. However, the rate increase is often fairly minor. If you were ticketed by the police, it may increase the rate increase because you now have both a ticket and an accident. Your insurance agent should be able to tell you how much the increase will be.



Will my insurance rates go up after a total loss?

It depends on who is at-fault for the accident. Your rate doesn't rise based on how much money was spent towards repairing your vehicle, it rises based on your driving/accident history. If you were in an accident and deemed not at-fault, supposedly your rate will not go up. However, I've seen my own rate go up AFTER an accident finally dropped off my record AND I had no tickets or citations, and the reason was given as "insurance rates have risen all over the state".


Still have questions?

Trending Questions
Best foods for weight loss? Asked By Wiki User
Does Neil Robertson wear a wig? Asked By Wiki User
Previously Viewed
Unanswered Questions
Saan nagmula ang gitara? Asked By Wiki User
Uri ng tekstong nareysyon? Asked By Wiki User
Can you get Takis at 7 eleven? Asked By Wiki User