If i was the cause of a wreck how much will my insurance go up i'm 21 yrs.old?

Answer 1

You will probably be taking mass transit for awhile,
unless you're rich .
Think of the $$ you'll save !

Answer 2

First: each insurance company is different. The rate hike (or lack thereof) will be based on many factors; the most significant will be age (you're quite young) and how many of their OTHER insured parties of your age have had second accidents after having their first.

Here's a simplification: before you have an at-fault accident, you're in a pool of drivers made up of people who have never had an at-fault and never will, and people who have never had an at-fault but eventually will. The insurance company can't tell the difference until you have an accident (if you ever do), so your rates reflect the possibiliity that you'll never have an accident.

Once you've had the accident, however, you're now in a different pool: people who have had an at-fault but never do again, and people who have had an at-fault and will eventually have another. That's why your rates go up.

Call your insurance agent and find out what the increase is going to be. Or, if you haven't had an at-fault yet, keep it that way.

Answer 3

Goes up too much, I think that's the reason you have so many hit and runs these days. Normally it goes up so much, you might as well just sell your car and get a bicycle, alot cheaper. Speeding tickets work the same way generally, it just makes it not worth owning and driving a car these days if you make 1 simple error.

Answer 4

i just got in an accident and i'm 18 yrs old. I am okay health wise but i sill have the emotional pain since it happened just last week. your price would go up a lot. varies company to company and circumstances.

Answer 5

Ever sold blood?