Are premiums gonna rise when I was not at-fault ?

Submitted by Anonymous (not verified) on Thu, 12/28/2006 - 04:35

How do I proceed once I've jus had an auto accident ? Is it for sure that my premium is gonna rise once my insurer comes to know of this accident even though I was not at-fault ? Please help!
Tycel Lopez

Posted: 28 Dec 2006 05:48 Post Subject:

hi there!
We have been dealing with some of these queries for quite sometime now. And it is from our experience that we suggest you to go ahead and inform your insurance company without wasting much of your valuable time. Hope you already have a copy of the police report as well as the necessary information regarding the other party's insurance. Regards, fatman

Posted: 28 Dec 2006 06:20 Post Subject:

Hi..why don't you take pictures of the vehicles that were in some way or the other involved in that accident!
This might protect you from such circumstances when the other parties might jus try to realize a damage-claim out of a vehicle which may not have been involved at all. Thanks, Sasha T.

Posted: 28 Dec 2006 07:02 Post Subject:

Hi Robert! Rest assured that your informing the insurer doesn't signify your filing a claim.
Regards, Evan

Posted: 28 Dec 2006 07:56 Post Subject:

Just forgot to tell you that a premium increase is not only dependent on any one factor eg. in your case you were not at fault. So it may vary taking a number of factors into consideration. Thank you, Evan.

Posted: 28 Dec 2006 08:47 Post Subject:

Hi Robert!
Welcome to our forums and thanks for offering me an opportunity to share something with you guys.
In my opinion, you might see through a premium increase incase you have met with similar accidents more often in the recent past. And for that matter, even if you were not at fault on each of those occasions, your insurer may just increase your rates assuming any undetected driving-fault on your part. I hope I have been able to explain the scenario properly. Thanks again, Lakemen

Posted: 15 Jan 2007 04:56 Post Subject:

This def depends on the insurance company that you are with...I have seen some that will forgive your accident or forgive it if it is under a certain amount of money...some companies will rate you into a diferent teir and that will increase the premium, the only way you will really know is when you get your renewal and you should have that 30 days prior to your renewal so if it does indeed go up, you can def shop it around.

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