How Long Do Car Accidents Affect My Insurance Rates?
I have heard that accidents and tickets will affect car insurance rates for five years. I was in an accident four years ago, that was determined to be my fault. Now, my (old) insurance company just settled this claim. Is this going to affect my rates for five years from the settlement date or from the date of the accident?
November 9th, 2009 at 5:44 pm
crizzy u, I recommend an online insurance quote. It’s free and quick to do. http://www.autoadviceonline.com/Auto-Insurance-Quote.html
November 9th, 2009 at 5:44 pm
crizzy,
My son was involved in a wreck due to his speeding. Insurance went sky high. Existing carriers tend to take advantage of these situations.
I’ve shopped a lot and changed company. These gave me the best quotes for my 21yr. old son.
http://tinyurl.com/AutoPolicyWebInsQuote
http://tinyurl.com/AutoInsTipsQuote
Be careful – his 5.0 “earned” him a ticket and now HE PAYS the insurance.
November 9th, 2009 at 5:44 pm
Although the time affecting your premium varies from insurer to another, it is usually three years; and the effects tkes place from the time the body shop claims the payment for the repair to your car.
November 9th, 2009 at 5:44 pm
Hi