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• WHAT IS AUTO INSURANCE
• HOW DO I CHOOSE AN INSURANCE COMPANY
• CAN I DRIVE LEGALLY WITHOUT INSURANCE
• WHAT DETERMINES THE PRICE OF MY POLICY
• WILL MY INSURANCE COVER A RENTAL CAR AFTER AN ACCIDENT
• WHAT TO DO IF I HAVE CAR ACCIDENT
• HOW DO I FILE AN INSURANCE CLAIM
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• WHAT IS COVERED BY A BASIC CAR INSURANCE POLICY
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• IS THERE A DIFFERENCE BETWEEN CANCELLATION AND NONRENEWAL?
• WHERE CAN I BUY INSURANCE?
• HOW CAN I SAVE MONEY?
• HOW MUCH COVERAGE DO I NEED?
• WHAT DOES MY CREDIT RATING HAVE TO DO WITH PURCHASING INSURANCE?
• WHAT CAN I DO IF I CAN'T FIND COVERAGE?
• HOW DO I INSURE MY TEENAGE DRIVER?
• SHOULD I PURCHASE AN UMBRELLA LIABILITY POLICY?
• WHAT SHOULD I DO IF I AM HAVING TROUBLE SETTLING MY CLAIM?
• IF I FILE A CLAIM, WILL MY PREMIUM GO UP?
• HOW ARE THE VALUE OF MY CAR AND THE COST OF REPAIR DETERMINED?
• WHAT ARE MY RIGHTS WHEN FILING A CLAIM?
• CAN MY INSURANCE COMPANY REQUIRE ME TO USE CERTAIN TYPES OF AUTO REPAIR PARTS?
• SHOPPING FOR A SAFE CAR
• TEENAGERS AND SAFE CARS
• AIR BAG SAFETY
• AT THE SCENE OF AN ACCIDENT
• CAR BREAKDOWN SAFETY
• CHILD SAFETY SEATS
• CELL PHONES AND DRIVING
• PREVENTING CARJACKING - THEFT
• DRIVING IN BAD WEATHER, ROAD RAGE AND ELDERLY DRIVERS
• AVOIDING DEER - CAR COLLISIONS

You may be reluctant to file a claim because you fear that your premium will go up or your insurance will be canceled.

Practices vary from company to company. In general, an insurer will increase your premium by specific percentages for each chargeable claim made against your policy above a specific dollar amount. A chargeable claim is one the insurer considers primarily your fault. The percentages and ceilings vary from company to company.

These increases generally stay on your premium for three years following the claim.

Your company may also decide not to renew your policy if your driving record gets markedly worse or you have several accidents. Different insurers have different rules about what constitutes an unacceptably bad driving record. But some accidents, such as those caused by drunk driving, will probably trigger a nonrenewal from virtually every insurance company.

If you have an accident but don‘t report it to your insurer, you are taking a risk, even if the damage seems minor. If the other driver sues you weeks or months later, your failure to report the accident might cause your insurer to refuse to honor the policy. And even if they do honor the policy, the delay will certainly make it harder for the insurer to gather evidence to represent you.

Article by: Insurance Information Institute

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