3800 Insurance got raised
- Thread starter staceyyearsich
- Start date
ok, first, if you just claimed an accident (if it was your fault or not, it doesn't matter) then the insurance company PROBABLY ran an MVR on you to see if there were other acc/viol out there. let's say your insurance record was clean up until this accident, then you were probably getting a discount for being a 'good driver' along with a good base rate. now you no longer get the good driver discount, and you're probably being assessed a surcharge for the accident (doesn't matter what the $$$ amount is of the damage). so basically you get smacked twice 
also, if you had a violation 3 years ago, that DOESN'T mean it's off your record. most insurance companies have some provision to the effect that it's not actually 3 years, it's more like 3 years and 30 or 60 days. it also depends when that other violation happened. if your new policy renewed today, and the accident happened 3 years ago (or 3 years and 30 days or whatever) as of tomorrow, then you'll likely be stuck paying for it until your NEW policy starts.
another thing to consider is that most insurance companies have multiple "lines" of insurance meaning that "easy to insure" drivers get a better base rate and more discount opportunities than "hard to insure" drivers. and each company can pretty make up its own rules about what qualifies as a good driver or not (at least here in illinois). so it is possible that just by having the one accident, you were then marked as a "hard to insure" driver.
this isn't true entirely either- some companies go back as far as 5 years to determine the "line" that you go into.
and as far as what you told the insurance company about the accident, there wasn't much else to say really-they will look at the accident most likely as an at-fault accident because "theoretically" you could have avoided it by swerving a different direction <_< or taking the bus that day or some other bogus thing like that.
if it was an UNinsured motorist, then you MAY lose a discount or two but it will usually depend on who was deemed at-fault.
Sorry it's so long!
also, if you had a violation 3 years ago, that DOESN'T mean it's off your record. most insurance companies have some provision to the effect that it's not actually 3 years, it's more like 3 years and 30 or 60 days. it also depends when that other violation happened. if your new policy renewed today, and the accident happened 3 years ago (or 3 years and 30 days or whatever) as of tomorrow, then you'll likely be stuck paying for it until your NEW policy starts.
another thing to consider is that most insurance companies have multiple "lines" of insurance meaning that "easy to insure" drivers get a better base rate and more discount opportunities than "hard to insure" drivers. and each company can pretty make up its own rules about what qualifies as a good driver or not (at least here in illinois). so it is possible that just by having the one accident, you were then marked as a "hard to insure" driver.
this isn't true entirely either- some companies go back as far as 5 years to determine the "line" that you go into.
and as far as what you told the insurance company about the accident, there wasn't much else to say really-they will look at the accident most likely as an at-fault accident because "theoretically" you could have avoided it by swerving a different direction <_< or taking the bus that day or some other bogus thing like that.
if it was an UNinsured motorist, then you MAY lose a discount or two but it will usually depend on who was deemed at-fault.
Sorry it's so long!
damn... that's a hell of a rate hike! Maybe try Geico?
When I got my GTP I had to get my own insurnace (had been undermy parents policy) ... they use MET Life... 1 ticket on my record ever, no claims ever, good student discount, loyalty discount, etc... and Met Life wanted 5000/year to insure my GTP and TA
I went to Geico and got insurance for 2400/year ... (which is alot but not bad considering i'm male, under 25, single, and 2 sporty cars)
When I got my GTP I had to get my own insurnace (had been undermy parents policy) ... they use MET Life... 1 ticket on my record ever, no claims ever, good student discount, loyalty discount, etc... and Met Life wanted 5000/year to insure my GTP and TA
I went to Geico and got insurance for 2400/year ... (which is alot but not bad considering i'm male, under 25, single, and 2 sporty cars)
Don't feel too bad. I have no accidents on record, no tickets on record and I'm paying $230/month for almost full coverage on my GT, plus a good student discount.
It sucks being 17...I wonder what my insurance would be with a V8 F-body or something :-/
When I turn 18, its dropping to a whole $180/month. This is with General Casualty UNDER my parents name.
My insurance would be $0/month though if my dad wasn't a cop. My parents would have stolen my keys and canceled my insurance...and not let me drive until I can get it under my own policy at 18yrs old. Even then they would try finding a way to prevent me from driving.
3 wreckless driving (1 driving off the road, the other 2 for doing 37 and 40 over), 4 speeding, 1 drag racing :-/ I don't even drive that crazy, its just always from street racing
It sucks being 17...I wonder what my insurance would be with a V8 F-body or something :-/
When I turn 18, its dropping to a whole $180/month. This is with General Casualty UNDER my parents name.
My insurance would be $0/month though if my dad wasn't a cop. My parents would have stolen my keys and canceled my insurance...and not let me drive until I can get it under my own policy at 18yrs old. Even then they would try finding a way to prevent me from driving.
3 wreckless driving (1 driving off the road, the other 2 for doing 37 and 40 over), 4 speeding, 1 drag racing :-/ I don't even drive that crazy, its just always from street racing
Hrm...was checking out quotes for gtp's when i was going to buy one....theres a place In Naperville or Aurora called Expert Personal Insurance or something like that...wanted 95.00 a month for me, full coverage, lowest deductible possible (250), but then again, my driving record is sqeaky clean....no moving voilations, over 21, no accidents, no nothing. (although I dont know how I pulled that one off...I speed all the time )
)
Thread Info
-
Created -
17Replies
-
534Views
-
Participants list