Are you about to file an insurance claim? Here’s how your auto accident will affect your policy.
You’ve purchased auto insurance to be protected against possible risks out on the road. In your mind, you probably envision those risks as other drivers, bad roadway conditions, and unforeseen obstacles. Have you considered that you could be a risk, though? If you get into an accident, filing an insurance claim will affect you. How – and how much – it affects you will depend on the situation. Want to know more? Here’s a closer look.
- If you didn’t cause the accident, no worries! If your driving record is clear other than this incident and you’re not at fault, you should see absolutely no change in your level of coverage or premiums after filing your claim.
- If you caused property damage, you don’t need to be too concerned. While you might have to pay a slightly increased premium, you should still be able to hang onto your good driver discount.
- If you caused an injury, be ready to say goodbye to your good driver discount – at least for a time. Also, know that your insurance premiums could go up by about 25 percent after you file your insurance claim.
- If you cause multiple accidents, start shopping for other coverage options. Although different insurers have different specifications about what constitutes a driving record worth insuring, repeated claims are not good. If you get into more than one accident, it’s a good idea to call your insurer and figure out where they draw the line before choosing to not renew your policy.
If you have questions about filing an insurance claim, contact Mike Leonard Insurance Agency. We can use our carriers Kemper, MetLife, Travelers, The Hartford, Safeco Insurance, Progressive, and American Strategic Insurance and our experience in the North Texas insurance industry to help you. A single claim should never leave you with unaffordable coverage. Call us today!