- Insurance Information
- Impact to your premium after an accid...
How much will my premium increase if I have an accident/violation?
Depending on the nature of the accident or violation, your premium may not increase at all. If it does increase, the amount will be based on current rates for your state.
We know that drivers that are involved in accidents represent a greater risk than drivers who are accident free. Therefore, generally speaking if you are involved in an accident in which you are at-fault and someone was injured in the accident, your premium will be affected. If no one is injured but there is damage to property such as vehicle damage, your premium may increase if the damages exceed a specific dollar threshold. That amount varies by state so we are unable to address that here. Even the amount of the increase varies based on your specific policy, the vehicles and drivers insured.
Treatment of accidents, violations and claims varies significantly from state to state. Even the explanation above regarding at-fault accidents does not apply to all states. If you would like to know the specifics for your state and policy please speak to our customer service representative.
Of course, if you are involved in an accident, always report the accident to your insurance company. Do not attempt to settle a claim yourself. A seemingly simple claim can quickly get very complicated without the professional handling of a claims adjuster.