If it has been determined that your car was not involved in the hit-and-run incident, it’s unlikely that your car insurance premium will increase due to this specific event. Insurance companies typically raise premiums when they assess a higher risk of future claims or when they incur a payout as a result of a claim. Since your vehicle was not involved, there is no claim that implicates your insurance record directly.
However, it is essential to consider that insurance premiums may still be subject to changes for other reasons unrelated to the incident in question. These reasons might include broader market trends affecting all policyholders (such as a rise in local accident rates influencing regional pricing), changes in the underwriting criteria of your insurer, or specifics about your personal circumstances (like changes in your credit history, driving record, or alterations to the terms of your policy).
To be sure about your particular situation, it is advisable to contact your insurance agent directly. They can provide specific details related to your policy and any factors that might impact your premium in the future. Keep in mind that maintaining a good overall driving record and keeping your insurer informed about accurate details can help mitigate unexpected premium increases.
