I have heard that accidents and tickets will affect car insurance rates for five years. I was in an accident four years ago, that was determined to be my fault. Now, my (old) insurance company just settled this claim. Is this going to affect my rates for five years from the settlement date or from the date of the accident?
Thanks, Brad
2006-09-13 11:51:42 · 6 answers · asked by Brad D 2 in Cars & Transportation ➔ Insurance & Registration
It's the date of the accident.
2006-09-13 15:19:01 · answer #1 · answered by Chris 5 · 0⤊ 0⤋
Anywhere from 3 to five years. Depends on the company really and it is by the date of the accident
2006-09-13 11:59:05 · answer #2 · answered by Answer Girl 3 · 0⤊ 0⤋
Our company tacked on a surcharge and took away our accident free discount for 3 years after a minor accident that was determined to be partially my husband's fault.
2006-09-13 12:06:05 · answer #3 · answered by Pauleen M 3 · 0⤊ 0⤋
totally depends on company & specifics. in your case, from date of accident, i think.
i had a minor accident (w/ my own garage!) & it was only 2 years. have a nice evening. nicole
2006-09-13 11:54:21 · answer #4 · answered by nicolenewcanaan 2 · 0⤊ 0⤋
Which ever way they can get more money out of you. I thought it was 3 years, but it could be 5.
2006-09-13 12:00:16 · answer #5 · answered by tercir2006 7 · 1⤊ 0⤋
life lol
2006-09-13 11:59:36 · answer #6 · answered by Anonymous · 0⤊ 0⤋