One of the unfortunate consequences of a car crash is the impact on your car insurance premium. After an auto collision that results in an insurance claim, you can expect your rates to rise. Even if you don’t file a claim, your insurance company can raise your rates for as long as five years after an accident. Let’s examine why this is, by how much insurance rates typically increase after an accident, and how long rates take to decrease after a collision.

By how much do car insurance rates go up after an accident?

Most insurance companies charge extra for three to five years after an at-fault accident in which damages to your vehicle exceed $2,000. You can expect your rate to rise by an extra $767 per year — that’s a premium increase of almost 50% from the average rate without an accident ($1,548). Over three years, that’s a whopping $2,300 of extra premiums you’ll need to pay.

AVERAGE ANNUAL INSURANCE RATES AFTER AN ACCIDENT (AT-FAULT): THREE-YEAR DURATION
Insurance providerNo accidentYear 1Year 2Year 3
Allstate$1,888$3,017$4,147$5,276
Farmers$1,525$2,226$2,928$3,629
GEICO$1,276$1,997$2,719$3,441
Liberty Mutual$1,647$2,358$3,068$3,779
Nationwide$1,347$2,174$3,000$3,827
Progressive$1,604$2,772$3,941$5,110
State Farm$1,313$1,617$1,922$2,226
USAA$948$1,288$1,629$1,969

Allstate is typically the most expensive car insurance company after an at-fault accident. USAA is the cheapest.

AVERAGE INSURANCE RATE INCREASE AFTER A COLLISION (AT-FAULT)
Insurance providerAverage increase after an accident
Allstate$1,129
Farmers$701
GEICO$721
Liberty Mutual$710
Nationwide$826
Progressive$1,168
State Farm$304
USAA$340
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