Will Car Insurance Costs Increase After an Accident Caused by The Other Driver?

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Will Car Insurance Costs Increase After an Accident Caused by The Other Driver?

Sunday, June 16, 2019 11:10 AM

LOS ANGELES, CA / ACCESSWIRE / June 16, 2019 / Compare-autoinsurance.org has released a new blog post that explains how car insurance premiums are influenced by accidents caused by other drivers.

Being involved in an accident is a traumatic experience. It is an insurance company's role to provide money for car repairs and medical treatments. Who will pay the money depends on who committed the accident. Unfortunately, insurance costs are also influenced by the victims, not only for the at-fault driver. Find out more and get free car insurance quotes from http://compare-autoinsurance.org.

Each state has laws that protect the driver from rates increase after an accident he didn't commit. And this is really good, given the fact that almost all drivers are expected, statistically speaking, to be involved in an accident.

However, the premiums may still get more expensive after an accident. Consumer group reports show that in past years, many insurance companies, including the big one, had this tendency. The Consumer Federation of America has released a study that shows a tendency to increase costs, even after an accident caused by the other driver. On average, drivers from New York and Baltimore pay more. The extra costs vary from $60 to $400 per year.

Insurance premiums will increase in a hit-and-run accident. If the other driver fled the scene instead of calmly exchanging information can affect the rates. Unfortunately, some insurance carriers will raise the rates after filing a not-at-fault claim.

Insurance companies increase the costs for a reason. For insurance companies, the logic is simple: if the driver was involved in an accident, then he is prone to be involved in another accident. As expected, drivers who had more not-at-fault collisions will pay more.

"Insurance companies can increase your premiums after a not-at-fault collision. They will consider you more likely to be involved in accident and riskier to insure," said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and free car insurance quotes, please visit http://compare-autoinsurance.org/

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SOURCE: Internet Marketing Company