For How Long Accident Stays On Your Car Insurance cost?
Even after getting into a minor accident with insignificant material consequences and the absence of consequences for your health and other road users, you find out later that car insurance has become much more expensive for you. This reflects a few years on the cost of insurance for you. Why is this happening and what can be done about it? To understand this, let us first consider what factors influence the cost of car insurance and for how long accident stays on your car insurance?
The cost of insurance is significantly affected by the severity of the accident you are in, the insurance plan you choose, and the conditions in which you live. Each incident in a traffic accident is recorded in the federal DMV system, which is in every state in the US. Regardless of how guilty or innocent you are in a particular incident, the accident record, along with some other basic information about your car, goes to the state DMV. This entry for up to three to five years will affect the cost of car insurance for you. The duration of the impact of such a record will be determined by the type of your insurance, the type of accident that you have participated and the conditions of your life.
The accidents that occurred through your fault
Definitely the cost of your insurance will be higher when the accident was committed due to your fault. However, in many cases the cost is differentiated depending on the circumstances of the accident and the involvement of other road users. Depending on the insurance company you have chosen, different accidents may be considered differently by the insurer. Some companies make no difference in whether only your car has suffered because of a collision with a tree or due to fly away in a ditch, or if your car has collided with other cars. Therefore, if you have such a company, then you have to pay for more expensive insurance, even if you just crumpled your car’s wing against the stump in the forest, when you went on a country picnic.
If there is someone else driving the car besides you, it will also affect the cost of insurance for you upwards. In this case, you must be responsible for yourself, for the car and for other drivers driving your car. A significant impact on the cost of your car insurance will have a re-hit in a traffic accident over the past 6 years.
When you make an accident for the first time it may not significantly affect the price of insurance for you. Slightly stronger cost will increase, if such an incident is not the first for you, but one over the past 6 years. In the case when such an incident is not the first in a six-year period, then the difference in the cost of insurance will be large, which is unlikely to please you.
Incidents without your fault
If the traffic accident did not happen because of your fault, then you may not consider such a case as a reason to increase the cost of insurance of your car. On the other hand not all insurance companies look at the same events in the same way. Many companies view any of your participation in a traffic accident as a reason to increase the cost of car insurance for you. In most of these cases, such companies assume that you are not careful and attentive while driving. Most often in such incidents it is possible to avoid a collision or in any other way prevent your participation in a traffic accident. That is believed that you are a careless driver. This is not the fact with all insurance companies and not in all cases. In addition, the cost of insurance when you participate in an accident by not your fault will affect the conditions in which you live.
Traffic accidents leading to injuries
When the accident that you made caused injuries, especially those caused to other road users or more than $ 2,000 of damage, then you can count on a significant and sharp increase in the cost of insurance for you. However, if your injuries and injuries of other participants in the incident are minor and do not require the intervention of doctors or other medical assistance, then you may not to call an ambulance or report such injuries to your insurance company.
If were alcohol intoxication
If you have alcohol or other drugs in your blood, at the time of the accident, one of the most serious causes of problems with insurance. The cost of insurance will be greatly increased and can not count on relief after three years, as in some other cases. Records of this in DUI can be kept for a very long time, up to a lifetime. The minimum shelf life of such a record is 10 years, so you should think three times before you get behind the wheel drunk.
What to do after?
If you have a car accident, this will undoubtedly affect the cost of car insurance for you in the future, but do not despair. Depending of the US state, your living conditions and the insurance plan, in three to five years the record will be removed from the DUI, of course, if you were not under the influence of alcohol when driving at the time of the accident. Be careful driving. Do not drink alcohol and drive carefully and this will allow you to protect yourself from getting into traffic accidents. Thus receive a minimum cost of car insurance in the future.
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