If I have an Auto Claim, will my Car Insurance go up?

Answer:
This depends on your insurance company’s policy,

the nature of the claim, and the laws in your state. In general, insurance companies look at whether the claim is “chargeable” or one that they consider your fault. If they determine the claim is chargeable, they might increase your premium by a specific percentage for claims that exceed a specific dollar amount. Each company sets their own percentages and ceiling so whether your rates go up for a certain claim can vary depending on who carries your insurance.

Some accidents such as those caused while driving under the influence will hurt you insurance-wise. Instead of raising your premium, your insurance company may choose not to renew your coverage. With a DUI on your record, you will be forced to find new insurance and will likely pay a hefty price as a result.

On the other hand, some claims such as chipped windshields don’t generally cause your rates to go up, especially if you live in a no-fault state. In fact, many insurance companies waive the deductible when you have the rock chip repaired as an incentive for you to repair the damage before it spreads and requires a full windshield replacement. Check with your insurance agent on claims such as this example to see if you qualify for help with your deductible.


	more Q&A sessions like this
	What Factors Determine Auto Insurance Rates? How Do Insurance Companies Calculate Auto Insurance Rates? How Can I Reduce My Auto Insurance Premium? What is Proof of Loss? Why is Car Insurance more Expensive for Teens? What Types of Cars are more Expensive to Insure? Does my Car Insurance go up if I get a Parking Ticket? What Features can a Car have that would Decrease Insurance Premiums? Does Driver’s Education Lower Car Insurance Rates? What is insurance? Where can I get multiple Car Insurance quotes?