Why do insurance rates go up after an accident? Car insurance rates are calculated based on risk. Statistically speaking, drivers who have been involved in an accident are more likely to be involved in another traffic violation. A rate increase protects insurance companies from losing money. There...
Car insurance for drivers with tickets Car insurance after an accident Car insurance for drivers with a DUI What are the best cheap car insurance companies? We know drivers looking for the cheapest car insurance policy often opt for minimum coverage, so we kept low average minimum coverage rates...
Although New York has some of the highest rates for car insurance premiums, it actually has the lowest percentage of increase in premiums after an accident in the entire country. Insurers in New York take a variety of things into consideration when determining your premiums, which can actually ...
After an accident, primary coverage pays first, allowing you to bypass your personal auto insurance. That means you can avoid paying a deductible and potentially seeing your premiums rise. The secondary coverage that most credit cards offer typically means your auto insurer pays the claim but the...
On the other hand, some safety features can lead to higher premiums, because high-tech safety equipment can be expensive to repair or replace after an accident. » MORE: How to estimate car insurance before buying a car Take control of your insurance. It's easy with your free NerdWallet ...
Yes, Florida is ano-fault insurancestate, so drivers must have PIP. In other words, those injured in an accident must file a claim with their own insurance company to receive coverage for medical care needed after an accident. The at-fault driver can be sued, but only if the injuries are...
When it comes to filingclaims, the sooner the better. In Massachusetts, if you wait more than three years after an accident to file a personal injury or property damage claim, your insurance provider won’t need to cover it, as it falls outside the statute of limitations. ...
If you're in an accident that's not your fault, the other driver's insurance (or your uninsured motorist coverage) will pay for repairs to your vehicle. But if your car is damaged in an accident that's deemed to be your fault, or by a natural disaster, you'll need to rely on you...
How much insurance is enough? What are the top companies in your state? What is gap insurance and do you need it? Everything you need to know.
Rescuing car, insurance money from the shop after an accident ; Consumer AlertMitch Lipka