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Auto insurance premiums can be expensive if you are a young driver.  Many young drivers work hard to establish a good driving record so that they can access lower premiums.  Young drivers are often going to school or college and don’t have a lot of disposable income available to them.  Other drivers tend to access better auto insurance premiums as they collect many years of driving with no accidents.

There are plenty of factors that can affect driver insurance premiums including accidents, speeding tickets, and other driving infractions.  Even drivers who have not had any accidents might have many police incidents.  Where a driver has been pulled over repeatedly for speeding, insurance premiums can increase.  The type of vehicle that you drive can also determine the amount you pay for insurance.  If you drive a sports car, it will cost you more insurance than a vehicle that has much less horsepower.  A luxury vehicle is also more expensive to insure because the replacement parts can be costly.

How long after a car accident does it affect your insurance?

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After having a collision, your car insurance rates will increase based on the determination of your fault.  If you are 100% at fault, you can be subject to higher premiums.  This can have a detrimental effect on those who need to drive their vehicle regularly.  If you have had an accident, then you are probably currently paying higher premiums.  The amount of time that you will have to pay increased insurance rates can vary.  Your rates will get lower as you continue to drive accident free for several years.  You must work to clean up your driving habits and record.  If you don’t then you will pay the price with higher insurance costs.

It can take several years for car insurance premiums to start to go lower.  When you are paying higher premiums, you need to begin to prove that you are a responsible driver.  This means taking the proper care not to cause any future accidents.  Everyone wants to pay a lot less for insurance when they start to pay higher premiums.  This means that they need to work on lowering those premiums by being careful and being a better driver.

Why is my car insurance premiums going up?


If your car insurance continues to increase, then you may have a bad driving record.  If you have been involved in an accident or more than one accident,  your insurance premiums are going to increase.  You should get in touch with your insurance broker to discuss the factors that led to your increased premiums.  This discussion will also assist you with finding ways to work towards lowering those premiums.

Do premiums go up if you make a claim?

Most of the time insurance premiums do rise when you make a claim.   When you are found to be 100% at fault for the accident, then you will see a significant increase in premiums.  The amount will vary depending upon how much fault has been attributed to you.  Sometimes you are forced to make a claim because you have been hit by another driver through no fault of your own.  This is a bad situation, but it can be made better if you give a statement to your insurance company with your complete side of the story.

You should explain the situation by calling your insurance company and telling them exactly what happened.  The agent will let you know if you need to make a claim against your insurance and at that point, they will let you know exactly how much more you can expect to pay.  It is important to decide if you want to increase your premiums by making a claim or if you can pay for what the required repairs yourself.  Making your repairs can help you to avoid paying increased premiums and is something that many people decide to do to keep their rates low.

How much does insurance go up if you make a claim?

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Your insurance will increase by an amount determined by your insurance company when you submit a claim.  The other driver involved in an accident may claim against your insurance. Another driver’s claim can be very detrimental to your insurance if you do not give your side of the story to your insurance agent.  It is always in your best interest to contact your insurer in advance and let them know what happened from your point of view.  A recent study submitted by has found that drivers who make a single claim of $2,000.00 or more can expect to pay an average of 41 percent more for car insurance.

The amount that insurance premiums increase has long been a total mystery to drivers, but insurance rates will increase based on several factors.  Those factors include the driving history of the driver, which driver is at fault and the seriousness of the accident.  A driver that makes more than two claims in a single year can face premium increases of up to 93 percent.

When you make a claim against your insurance it can have severe consequences because it will affect your rate for many years to come.  This rate premium hike can have severe consequences for finances well into the futures.  If the accident was not your fault, then your payments should not be affected.  The rates can vary between insurance companies, so it is always a good idea to shop for the best possible insurance package.

Insurance companies base your rates on several factors.  One big expense for drivers is the point where a bodily injury claim is made against their insurance.  Most drivers do not want to file this type of claim because it has the most serious effect on your insurance premiums.  If you want to keep your insurance premiums low, drive a car that does not have the excessive horsepower.  You should also work hard to stay within posted speed limits.  Always avoid accidents when possible, but when one occurs, you should always speak to your insurance company.  This will help to determine your rights and responsibilities.

About the Author: Ashley Miller

Ashley is an insurance content professional and very knowledgeable on all related subjects. Ashley has over 12 years of insurance content writing experience working with various insurance companies throughout her career.