Single car accident... how will my rates increase?
by Amanda
In February of 2011, I was in an accident on a highway after an 18 wheeler swerved into my lane, forced me onto a shoulder full of ice and than I lost control and slammed into a concrete barrier. The car was a write off ($5500), and I have been with this company, ticket and accident free for 6 years. How much can I expect my rates to rise? they were $253/month. The anxiety of my renewal is killing me!! Single Car AccidentHI Amanda I hate to tell you this, but this will be considered an at fault accident. If your rates don't go up it will be because you had accident forgiveness. If you don't have this. Expect to pay nearly double what you pay now, as if you were a brand new driver. You'll have to wait and see. Or call your insurer to discuss. If your rates don't change much, don't switch insurers as this will affect your rates elsewhere for at least 6 years. Other Pages of Interest car insurance in Ontario Canada Car Insurance Canada Car Insurance Quote Canada Auto Insurance Questions Or Ask another question at Ontario Auto Insurance Questions and Answers Note: Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility. Make sure you review the "please read" page. |