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How much does my insurance go up if?

How much my insurance will go up?

  • How much my insurance will go up? I had an accident which totaled my car. I am 100% at fault for that accident and my car worth 15000$. I have clear driving record and no tickets in past two years. How much will my insurance go up I am paying 900$ for six months

  • Answer:

    The only person who can answer that is your insurance agent. Insurance rates are calculated using a complex formula based on risk. Every carrier uses a proprietary formula, so your guess is as good as mine.

Mike at Yahoo! Answers Visit the source

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If it was a new car...possibly. Then also if there were any other vehicles involved in the accident or property (guardrails, traffic signs...) Other things insurance companies look at: 1. the number of "at fault" accidents 2. comprehensive claims (glass repairs, towing and labor) 3. number of years you have been insured with that company 4. other lines of business you may have with them 5. any tickets (speeding, dui) 6. where you live (it can go up if you move to an area that has frequent accidents or a lot of crime/thefts) these are just some of the things that insurance companies look at

JK

$50,000.00 a year. Why do so many people ask this dumb question?

CowboyBill

i own a repair shop,and it will probably go to around 1200-1500 every six months,,at the most,,and they,ll keep it there for a few years at least,,but it will go up,,they,ll add at least a 25% to it ,,at the least,,good luck,i hope this help,s.

dodge man

at least 40% or more

edna b

Ask your insurance agent. If you aren't happy with them, shop around elsewhere. Just remember that you can get discounts the longer you stay with an insurance company.

Jamie316

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