INSURANCE FREQUENTLY
ASKED QUESTIONS |
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Will my insurance rates go up after an accident?
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| Maybe. Insurance
companies use many factors to determine your premium. Traffic violations, age, gender, residential neighborhood, miles traveled, prior accidents, and other factors may affect your rate. Different insurance companies use different methods to determine premiums. If you are a good driver, have no traffic violations, and haven’t had an accident in years, then a new accident will probably have little effect on your rate. |
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