Last year I was in an accident where I was stopped at an intersection and someone was hit broadside as he turned by a woman who ran the red light and his car flew into the front of me. I called the insurance company and they went through with everything and they said it was fine they had the police report I was not at fault, didn't have to pay a deductible or anything and everything was fixed.
I'm looking at having to get my own policy sometime soon here and I was talking to this guy at a company and he was trying to tell me that if I've been involved in any accident no matter what I have to disclose that and it will certainly lead to me receiving a quote of higher rates.
Is he full of it or can they actually penalize me for having been in an accident which was not my fault, the police report confirms that, and it was the other driver's insurance who paid for everything?
Thanks
2007-12-27 12:22:02 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
A no fault accident can affect your rates but its not as much as a fault accident. It is shown on your record and if you get a new policy and that is all it really shouldnt affect your rate if any. I had my rate increase because I was hit by a non insured driver who ran a red light but because the company had to front the money to get my vehicle fixed; My rates went up a bit.... and it wasnt my fault. So they can charge a slightly higher rate for your driving record. It sux, I agree with you but for some reason its the way it works.
2007-12-27 12:42:09 · answer #1 · answered by Jim M 3 · 0⤊ 0⤋
Insurance companies have different rating tiers that they use to determine rates. If you have an accident on your motor vehicle report - you may not qualify for the best tier.
The only thing you can do is get quotes from different insurance companies as the rating criteria vary from company to company.
2007-12-27 13:01:03 · answer #2 · answered by Boots 7 · 0⤊ 0⤋
Yes they can. And they can also cancel your policy for no reason, as long as they give you at least a 30 days notice. Someone said, why complain? Well you have a good reason to complain... BUT, complaining is good. That is how issues are known and resolved.
2007-12-27 17:24:40 · answer #3 · answered by nightroddude 2 · 0⤊ 0⤋
An insurance company can raise your rates for whatever reason you want. Thats their choice and its perfectly legal.
Likewise, you can switch companies whenever you want. Why complain? Why not just go check out the competition?
2007-12-27 12:43:42 · answer #4 · answered by Anonymous · 0⤊ 1⤋
True.
If you don't like it, thank a lawyer....
2007-12-27 15:08:57 · answer #5 · answered by Anonymous · 0⤊ 0⤋