Video FAQ
How Much Does Car Insurance Increase After an Accident?
If you're deemed at fault in an accident, brace yourself—your car insurance rates are likely to increase. However, the extent of this increase depends on several factors: your location, insurance company, plan specifics, and the incurred damage costs.
Typically, if you were at fault, anticipate a potential 46% hike in your insurance rates post-accident. Remember, this adjustment isn't to penalize you but rather to align your plan with your driving history. Accidents tend to linger on your record for three to five years, impacting your rates during this period.
There are steps you can take to potentially lower these increased rates. Consider reaching out to your insurance company, improving your credit score, increasing your deductible, reducing coverage, or even exploring different insurance providers.
Dealing with a car accident aftermath can be overwhelming. Understanding your current insurance policy can save you time and stress in the future. Moreover, if you've sustained injuries, you may be entitled to compensation, regardless of fault. For legal assistance, contact Great House Trial Law today. Connect with us online at atltriallaw.com or reach us by phone at (404) 599-9999.
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100 Hartsfield Centre Parkway College Park #500 Atlanta, GA, 30354