Subject: Will My Wife’s Insurance Rate Be Impacted by My At-Fault Accident?
Hello everyone,
I recently experienced an at-fault single-car accident where I hit the curb, and my vehicle may be a total loss.
I’m currently insured under my wife’s policy, which covers both of us and our two vehicles. Since I was the one at fault, I’m wondering if her insurance premium will increase if she decides to keep her coverage separate from mine in the future. Right now, she is the primary policyholder, and I’m listed as an additional driver.
Thanks for your insights!
In most cases, if you are listed as a driver on your wife’s insurance policy and you have an at-fault accident, her insurance premium may be affected. Insurance companies typically consider the driving history of all covered drivers when determining premiums, so your accident could lead to an increase in her rates.
However, the exact impact can vary depending on the insurance company, the specifics of the policy, and the state you live in. Some insurers may have accident forgiveness programs that can prevent a rate increase for the first at-fault accident.
If your wife decides to keep her policy after your accident and you get your own separate policy, it’s likely that your accident will still be considered when calculating your own rates, as it will appear on your driving record.
It’s a good idea for your wife to contact her insurance provider to discuss how your accident might impact her premium and to explore any potential options for minimizing increases.