Will my premium go up?

by ttimkim » Tue Dec 02, 2008 01:43 am

even though I paid it by myself? For example, somehow my ins. company know about the accident; i.e., via the auto shop or the car lease company?

Total Comments: 9

Posted: Tue Dec 02, 2008 10:31 am Post Subject:

Hi there...I think much of your premium hikes would depend on whether or to what extent you were at fault in this accident. If you think its possible for you to share the matter in more details, I think its gonna help us understand exactly what had happened. If you were clearly at-fault under an avoidable circumstance..then I believe it could lead to a hike. Roddick

Posted: Tue Dec 02, 2008 01:05 pm Post Subject:

no it shouldn't and how on earth did they find out? and when you say your company do you mean your agent?

Posted: Wed Dec 03, 2008 01:57 am Post Subject:

Yes, I mean what if my agent know about it? Will that agent tell the adjuster (or claim department)? Thank you

Posted: Wed Dec 03, 2008 02:46 am Post Subject:

doubtful, and again how would he/she know?

Posted: Wed Dec 03, 2008 10:20 am Post Subject:

Hi, your policy rate may not go up if you settle for the accident out-of-pocket. However, if you are in an at-fault accident it'll go into your record and the insurance might come to know about it while reviewing your records for the policy renewal.

Posted: Wed Dec 03, 2008 11:22 am Post Subject:

That Jeorge doesn't mean though, that if she pays a claim out of pocket never reports it, that they have any right at all to rate her up...they don't even have the correct information and hearsay, won't play, for a rate increase...and really i'm sure her agent as better things to do...

Posted: Fri Dec 12, 2008 09:46 pm Post Subject:

I think the programs that companies offer can save you some extra money which can add up.

Check this site out for more tips
(i removed the url to your own blog-lori)

Posted: Sat Dec 13, 2008 12:34 am Post Subject:

pitu, you can not hawk your own blog in a thread...if you want to do that post it in the pub or don't post it at all...last warning

Posted: Sat Dec 13, 2008 10:36 am Post Subject: insurance

I would like to put my '2 cents' into this one, however.....can we have some more details on the accident, TTIM? A DUI, did you rearend someone, etc? I'm not 'putting you down'......I'm just trying to get the facts. If the facts WERE 'layed out there', maybe I missed it.

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