Subject: Changes in Liability Status from State Farm?
I recently received news from State Farm that has me concerned. Initially, they determined that I was “Not Liable” for my car accident and they pursued the other party for subrogation to recover my deductible. However, I just got a letter stating that an arbitration panel found me liable and as a result, they had to pay 100% of the other party’s claims, meaning they can’t refund my deductible. When I checked my State Farm Claims page, I noticed that the claim status has now been updated to reflect that I am liable. I’m wondering if this change will impact my insurance rates.
I’m sorry to hear about the confusion and stress surrounding your claim. It sounds like you’ve been through quite a process with State Farm. If they’ve officially changed the status of your claim to indicate that you are now liable, it could potentially impact your insurance rates.
Insurance companies often review a driver’s history, including past claims and liability determinations, when calculating premiums. A change in liability could lead to an increase in your rates, especially if the accident resulted in significant claims.
It’s advisable to reach out to your State Farm agent or customer service for clarification. They can provide specific details regarding how this change might affect your policy and rates. Additionally, you may want to inquire about your options if you believe this determination is incorrect or if you wish to appeal the arbitration decision.
In the meantime, it might be helpful to review your policy and consider shopping around for quotes from other insurers to see if there are more favorable options available to you.