My daughter, age 21, on a family policy, had a one-car accident - spun out on a curve in light rain (probably due to oil on the road). Car has front-end cosmetic damage but frame is OK - bumper, grille, headlamps need replacement (she bounced off and hit guardrail). Airbag did not deploy. We have $750 deductible. Anyone have any idea what the annual increase in premium will be if we report it to insurance company? Trying to determine if we should just fix it without reporting it to avoid a big increase. We live in NJ - the land of car insurance hell and big premiums. I'm thinking it will be about $1500-2000 to repair - deduct the $750 deductible and that means $750-$1250 additional out-of-pocket. I think they add that surcharge for 4 years in NJ - is that correct? Any advice would be very appreciated
2006-12-25
16:31:50
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8 answers
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asked by
iluvcisle
1