How Much Will My Car Insurance Go Up After an Accident?


The underlying factors in knowing how much your car insurance will go up after an accident. The things you need to know.

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“How Much Will My Car Insurance Go Up After an Accident?” This is one of those questions that everyone wants an answer to, the problem is this is one of those questions that doesn’t really have a clear answer. It’s almost impossible to know how much someone’s car insurance will go up after an accident. All of these situations are on case by case terms, each are unique and each accident will bring a different answer to the question, “How Much Will My Car Insurance Go Up After an Accident?”

The Claim

The amount paid by the insurance company for the claim will be a large factor in how much an individual’s insurance rates may go up, if they go up at all. If the claim is only for a few hundred dollars, most insurance companies will look at it like its nothing and you won’t see the accident affect your claim at all.

At Fault Percentage

Some companies will look at how much the at fault percentage in the accident for the individual and then decide accordingly how there insurance rate will be affected. If the individual is found to be completely at fault for the accident, it is expected that the insurance rate of that individual will go up considerably.

Time With the Company

Another underlying factor in answering the question, “How Much Will My Car Insurance Go Up After an Accident?” is how long the individual has been insured with that company. The longer an individual has been insured by a single company the less his or her insurance rate will go up after an auto accident.

How Much Will My Car Insurance Go Up After an Accident?

The answer to this question is an elusive one. It’s even harder to nail with the fact that each auto-insurance company has its own set of rules governing the issue of raising insurance rates after an at-fault accident.

Related posts:

  1. How Long Does It Take A Car Insurance Company To Settle A Claim?
  2. What Information Do Car Insurance Companies Use From Accident Reports?
  3. How Do I Find The Best Car Insurance Rates?
  4. What Is The Limit Of Car Insurance’s No Claim Bonus Discount?
  5. What Is No Fault Car Insurance?

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