How Much Does Insurance Increase After an Accident?

The lack of knowledge that the average person tends to have about things like insurance and the like often results in them not fully realizing the consequences of any and all mistakes that they are about to make along the way. Suffice it to say that if you get insurance for your car at any given point in time, this does not mean that you can start driving recklessly in any way, shape or form.

A big part of the reason why that is the case has to do with the fact that if you were to get into an accident after acquiring good car insurance, your insurance provider is going to start to view you in a much more different light. They would start to assume that you are not all that good of a driver and that you shouldn’t be allowed to continue to drive ever again. They will increase the premiums that you have to pay on a monthly basis, and at this point the most pressing question on your mind would have to do with how much of an increase you should end up expecting.

This really depends on a lot of factors, including how bad your accident was, whether or not it was your fault as well as who you’re getting your insurance from. You should expect an increase of anywhere from 10% to 50%, and in some instances it can double as well especially if you had been driving under the influence. Hence, you should be really careful while driving and ensure that you get on the road with the highest possible level of responsibility and avoid being under the influence while doing so.