Purchasing cheap auto insurance can be an excellent way to avoid potentially expensive repairs or other costs, but one of the quickest ways for a motorist to increase their premium is to be involved in an accident. Its fairly common for insurers to raise rates after a crash, though the likelihood and amount of an increase is usually dependent on a variety of details. The amount of property damage, the extent of injuries, and whether or not the policyholder was at-fault can all have an influence on how much rates may fluctuate. Drivers with a history of crashes may even have difficulty locating an affordable policy in the future, and drivers with inflated premiums may have to search elsewhere for more affordable prices.
Typically the financial impact of accidents on auto insurance policies is largely dependent on whether or not the policyholder is also the at-fault driver, in addition to the extent of damage that has been done. Motorists who are responsible for a collision have a greater chance of seeing increased rates, which may be especially true if alcohol or other inhibiting substances are found to have been used. Driving while under the influence and causing an accident is typically considered a major violation and is more likely to result in higher prices or motorists may even be unable to renew their policy. It should be noted, however, that some collisions that result in less than $750 worth of damages and no injuries may be considered insignificant and rates may not be impacted at all.
[Linkleri Görebilmek İçin Üye Olmanız Gerekmektedir. Üye Olmak İçin Tıklayın...]Kaynak: Müzikkervaniyiz.com