Will my car insurance premium increase if I file a claim? I was involved in a car accident where another driver cut me off, leading me to swerve and hit the highway median. I submitted a claim to Geico, but they determined that I was 100% at fault. Additionally, they informed me that I didn’t have collision coverage, so they couldn’t provide any compensation. Can they still use this incident to raise my insurance rates, even though I didn’t receive any payout?
Will filing a claim automatically cause my car insurance premium to go up?
Filing a claim can potentially impact your car insurance premium, even if you don’t have collision coverage and nothing was paid out. Insurers typically look at accident claims to assess risk, and being found at fault can lead to higher premiums down the line.
In your case, since Geico determined you were 100% at fault for the accident, they may use that information during your next renewal. However, the specifics can vary based on your state’s regulations and the policies of the insurance company. It’s also important to consider that not all accidents will lead to a premium increase, especially if it’s your first claim or if you have a good driving history.
You might want to discuss your concerns directly with Geico or review your policy documents to better understand how they handle at-fault accidents and premium adjustments. Additionally, if you’re worried about your rates, it could be worth shopping around for quotes from other insurers after your claim is processed.