You were in an accident. It wasn’t your fault, but the other driver doesn’t have insurance. Now your insurance rates are going up because of something that wasn’t even your fault! Or are they? In this article, we’ll explore whether or not your insurance rates will go up if you’re not at fault in an accident.
What Happens if You’re Not at Fault?
If you’re not at fault in an accident, your insurance rates shouldn’t go up. That’s because insurers typically don’t hold accidents against drivers who weren’t responsible.
However, there are a few exceptions. For example, if you live in a state that uses a “no-fault” system, your rates could go up even if you weren’t at fault. In no-fault states, each driver’s insurance company pays for their own medical expenses and property damage, regardless of who was responsible for the accident. So, if you have an accident in a no-fault state, your insurer may raise your rates to cover the cost of the claim.
Additionally, even if you weren’t at fault, your rates could still go up if you had multiple claims or accidents within a short period of time. This is because having multiple claims or accidents is generally seen as a sign of riskiness, and insurers may raise rates to offset that risk.
If you’re not sure whether your rates will go up after an accident, it’s always best to check with your insurer to find out.
Does Insurance Go Up With Geico If You’re Not at Fault?
No, your insurance rates will not necessarily go up if you’re not at fault in an accident. However, there are a few things that could happen that could cause your rates to increase.
If you have a history of accidents or moving violations, being involved in an accident – even if you weren’t at fault – could cause your rates to go up. Additionally, if the accident was severe and caused extensive damage, your rates could also increase.
Of course, this is all dependent on your individual circumstances and Geico’s policies. Be sure to speak with your agent about what could happen to your rates after an accident.
How Much Will Your Rates Increase?
If you’re involved in an at-fault accident, your rates will definitely go up with GEICO. How much they’ll increase depends on a number of factors, including the severity of the accident and your claims history. If you have a clean driving record, you can expect a surcharge of around 20% after an at-fault accident. If you’ve been in multiple accidents or have other blemishes on your record, your rates could increase by even more.
How to Avoid an Increase in Your Rates
If you’re not at fault in an accident, your rates shouldn’t go up. But there are a few things you can do to make sure your rates don’t increase with Geico or any other insurer.
First, make sure you understand your policy and what it covers. If you have collision coverage, for example, your rates may go up if you file a claim even if you’re not at fault.
Second, be sure to shop around for the best rates before you renew your policy. Insurance companies often raise rates for existing customers, so it pays to compare prices every year.
Third, consider taking a defensive driving course. This can help you get a discount on your premiums and may also make you a better driver, which could help avoid accidents in the future.
Conclusion
If you’re not at fault in an accident, your rates shouldn’t go up. Geico’s policy is to not raise rates as a result of an accident that wasn’t your fault. However, if you do have an accident that is your fault, or if you are found to be at fault in a future accident, your rates could go up with Geico.
