My son was in an accident a few months ago in which the guard rail was damaged. He was driving someone elses truck. The state wants to either file this against my sons insurance, under the liability part, or for my son to fork over $5,000.00 for repair. My question is, will placing a claim raise his rates? He has had a couple of tickets since he was rated for this policy, including an open container, and I am afraid if we file, they will look at all this and either drop him or raise the rates through the roof. Any advice from an insurance point of view, or any other point of view would be appreciated. We are really just wondering whether it would be cheaper to pay the increased premiums or to pay the damages. HELP!
2006-10-28 09:44:54 · 5 answers · asked by sallysue 2 in Cars & Transportation ➔ Insurance & Registration
To begin with, insurance follows the vehicle. If he was driving someone else's truck, they should be charging the insurance in place on that vehicle. However, since you son caused it, it should want to pay his friend back for his losses. Considering the amount, and the very strong possibility of your rates going way up as a result of anything you do, I'd suggest you contact an attorney and discuss it with him before you make any decisions.
2006-10-28 12:09:52 · answer #1 · answered by oklatom 7 · 0⤊ 0⤋
Absolutely! Your insurance rates could skyrocket and you could be forced to name your son as a "Named Excluded".
They may catch up with you anyway (the other incidents). If I were in your shoes I would just find a way to pay the state and keep the insurance company out of it.
And then I would make my son get a job and pay me back. And I would not let him drive my vehicles anymore.
This should be a wakeup call to you. Your son is showing a lot of irresponsible behavior and you are just lucky this was only a guard rail and not another human being. You do realize that if he kills someone and it comes out in court that you knew of his prior incidents that the court may hold you partially or fully liable because you didn't take his license away.
Good luck and smack that kid!
2006-10-28 09:51:47 · answer #2 · answered by Gem 7 · 0⤊ 1⤋
your son's insurance will go up or get cancelled whether you file a claim or not, the rates aren't based on claims but on driving record, at the next renewal when the state runs your son's MVR they will find this accident and charge you accordingly
maybe he needs to be dropped at this point, somebody better
get control of him before he kills somebody
2006-10-28 18:30:55 · answer #3 · answered by Anonymous · 0⤊ 1⤋
evaluate expenses for loose at - ASSURECOMPARE.information- RE Will submitting a declare boost the two coverage expenses? I in basic terms have been given in a motor vehicle accident and my motor vehicle is exceedingly tousled interior the front. although, the truck's rear bumper in basic terms has some scratches on it and it replaced into my fault. If he comes to a decision to record a declare, will his coverage expenses go up additionally?
2016-10-03 01:39:51 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Have you even talked to your insurance agent yet. They would have the best answer for you. Glad your son is ok thats always scary. Good Luck to you.
2006-10-28 09:54:09 · answer #5 · answered by betty boop 5 · 0⤊ 1⤋