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Why did my car insurance costs increase even without filing a claim?

Car insurance companies determine the cost of an insurance policy based on several factors. One such variable is how often a driver files a claim. If you have never filed a lawsuit with your auto insurance company, your rates may be higher simply because there is no history to base the rate on.

However, if you don’t file a claim with your current provider and there is still an increase in your car insurance costs, it could be due to changes in the law or other factors beyond your control. Additional factors beyond your control can increase the rate, such as accidents involving other people.

7;s discuss these reasons below:

  1. Tickets for speeding and other traffic violations

    Your insurance provider assumes that you are more likely to get into an accident than a driver without any violations, especially if you have repeated speeding tickets.

    Your likelihood of filing a claim increases with the frequency of violations, which increases your auto insurance costs. Even a minor traffic violation can affect your car insurance premium.

  2. You were part of accidents both with and without fault

    Similar to traffic violations, insurance companies will charge you more for coverage if you have any at-fault incidents on your record. In some circumstances, you may have to pay higher premiums for accidents you did not cause.

  3. Comprehensive claims

    Your insurance rate may increase for events beyond your control, depending on your insurance provider and the state in which you live.

    Theft and vandalism, hitting an animal, fire, broken glass (including a cracked windshield), hail/weather-related damage and other acts of nature are all included in these situations, called comprehensive claims.

  4. Adding vehicles and drivers

    Your car insurance costs will increase if you buy a more expensive car because it is more likely to be stolen and will cost more to repair or replace than your old vehicle.

    The cost of adding new drivers to your existing coverage can also increase your car insurance premium – especially if you include minors or other family members with a history of bad driving.

  5. Age

    While senior discounts may be available depending on your insurer and state, once you turn 60 your auto insurance premiums will eventually rise. Insurance companies often compare older drivers to teenage drivers when evaluating risk, as teenage drivers are more likely to be involved in car accidents.

    According to a study, a driver between 18 and 19 is three times more likely to be involved in an accident than drivers over 30.

Do you need car insurance? Contact Abbate Insurance!

Several factors can affect your car insurance costs, including your driving record, car type and where you live. If you are concerned about how your premium may be affected by an event beyond your control, speak to our agents at Abbate Insurance.

We can help you with a policy adapted to your car and requirements. Contact us directly to get started!

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