How Non-Fault Car Accidents Can Affect Your Auto Insurance Rates
Friday, 5 April 2024, 13:30
Dealing with Non-Fault Car Accidents and Insurance Costs
Getting into a car accident can result in increased auto insurance rates, even if you were not at fault. But there are strategies to mitigate these potential impacts. Learn how to navigate the aftermath of non-fault accidents.
Understanding Insurance Rate Increases
- Rising Premiums: Although you might not be responsible for the accident, your insurance costs could still go up.
- Victim Scenarios: Even as a victim in a clear-cut non-fault accident, you may see an increase in your premium.
- Rate Hikes: Despite being blameless, insurance companies may still raise your rates post-accident.
So, while not causing an accident might protect you from severe rate hikes, being involved in a non-fault collision could still impact your insurance expenses.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.