Im in So California and just got into a car accident, my first accident in 25 yrs of driving. Typically, how much more will I expect my insurance premium to increase ? What factors are involved ? the amount of damage that the insurance will pay ? my driving history which is 1 accident in the last 25 yrs ? what else ?
2007-04-30 12:18:24 · 0 answers · asked by ckaadev 2 in Cars & Transportation ➔ Insurance & Registration
All insurance companies are different.
Some will be very tolerent of a single minor accident. Some may increase your premium by an amount that is related to the seriousness of the accident and whether you were charged with any crimes or traffic violations.
There may be laws in your state that determine rules for how insurance companies in that state handle such matters but, again, the rules vary by company and by state.
The best way to find out how your particular insurance company in your particular state will handle this -- call them. Or you could wait for your bill.
2007-04-30 13:12:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Figure 10 - 20% for most companies. For the next 3 - 5 years.
2007-04-30 13:07:27 · answer #2 · answered by squeezie_1999 7 · 0⤊ 0⤋
It will increase one million dollars per year .. (or seem like it).
2007-04-30 12:23:31 · answer #3 · answered by Anonymous · 0⤊ 1⤋