My First Accident
by Mark
(Sault Ste Marie, Ontario, Canada)
hit ice and slid into a snow bank. the vehicle got wreaked. im 23 yrs old and have a clean record. not even a speeding ticket or anything. i currently pay 168 dollars a month. what is it expected to go up to now? roughly?
Insurance Rates After an Accident
Hi Mark,
The change in premium could be $0. That is if you have "Accident Forgiveness" in your policy and if you stay with that insurer.
If you don't have accident forgiveness, or change insurance carriers, then expect your policy to increase significantly. Each auto insurance company is different. But you should expect an increase of $100/month or more.
Hope you have that claims forgiveness!
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