Will Car Insurance Go Up If Not At Fault

Many if not most car accident cases never go to trial. Instead the parties settle their dispute amicably and both sign a settlement agreement. Be careful of admitting fault in a settlement agreement.

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Getting into a car accident is an unpleasant experience at the best of times.

Will car insurance go up if not at fault. That might seem unfair but it can happen if the company believes the accident indicates you re a higher risk than. By comparison shopping for car insurance you may find an insurer that doesn t rate an accident the same way and thus save. These are handled differently to other car insurance. If your rates do go up due to a not at fault accident then shop around.

Allocating fault often is part of negotiating a settlement. You have good car insurance and know that you re not at fault so you carefully document the damage exchange information with the other driver and file a police report. You can file a claim for car repairs under the collision insurance portion of your policy. In many cases determining fault is not a clear cut equation so your insurance company might increase your premiums even though it doesn t have to cover your damages.

Then you tell a friend about the accident and that friend cautions you to think twice about filing a claim with your car insurance because the company could jack up your insurance rate. Unfortunately not at fault accidents can also affect the rate that you pay for car insurance. Because car insurance is all about risk the more accidents you have regardless of fault the higher the probability is that you could be involved in another crash. Generally hit and run car accidents will not cause your car insurance rates to go up.

It s just a bit more for an at fault bodily injury accident. If you live in a no fault state where personal injury protection pip or medpay is mandatory you would file the claim against your own insurance company rather than the insurer of the at fault driver. It can be even more unsettling if your insurance rates go up for something that isn t your fault. Not all car insurance claims are the same if you ve had an accident that wasn t your fault this could be considered a non fault claim.

Car insurance premiums will rise if you have an accident even if it wasn t your fault drivers are being warned that their insurance could increase if they are involved in a car crash that wasn t. This means that you pose a higher risk to insure for your company. Insurance companies often disagree about fault unless the facts are clear cut.