Will my car insurance premium increase just by filing a claim?
I was involved in an accident where another driver cut me off, causing me to swerve and hit the highway median. I filed a claim with Geico, but they determined that I was 100% at fault for the accident. To make matters worse, they told me I didn’t have collision insurance, so I didn’t receive any compensation. Can they still raise my rates based on this claim, even though I didn’t receive any payment?
Yes, it’s possible that filing a claim could affect your insurance premium, even if you didn’t receive a payout. Insurance companies typically evaluate your claims history, and an at-fault accident—regardless of whether a payout was made—can be considered when they assess your risk as a driver.
Since Geico determined that you were 100% at fault for the accident, this could potentially lead to an increase in your premium when your policy is up for renewal. However, the exact impact on your rates will depend on a variety of factors, including your driving history, the specifics of your policy, and the insurance company’s policies.
It’s always a good idea to review your policy documents and speak with your insurance agent to clarify how this incident may affect your rates moving forward. If you’re concerned about a rate increase, you might also shop around for quotes from other insurers to see if you can find a better rate.