At Atlantis Insurance Inc., providing residents in the greater West Palm Beach, FL area with auto insurance, one of the questions that we are frequently asked is whether a car insurance company can increase rates for an accident that you were involved in but were not at fault for.
Can My Auto Insurance Rate Increase For An Accident That Was Not My Fault?
Your insurance company will base your premiums on many factors. As such, they may decide to increase your rate, even if an accident was not your fault based on:
Previous Claims or Driving History
While the specific accident may not be your fault, if you have a history of filing multiple claims or have a poor driving record, including traffic violations or previous accidents, your insurance rate could be affected. Insurance companies consider your overall risk profile when determining premiums, so a history of accidents or claims could still result in rate adjustments.
In some states with no-fault insurance systems, each driver’s insurance company is responsible for covering their own policyholder’s damages, regardless of fault. In these cases, your insurance rate might increase due to the overall claim costs and expenses associated with the accident, even if you were not at fault.
Your insurance policy may contain specific conditions or clauses that allow for rate adjustments, regardless of fault. It’s essential to review your policy to understand the terms and conditions related to rate adjustments and accident forgiveness.
We Can Help!
If you are looking for a new auto insurance policy, the team at Atlantis Insurance Inc., serving West Palm Beach, FL. can help. Give us a call today to learn more.