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Auto Insurance Increases Following Your Car Accident

Auto Insurance Increases Following Your Car Accident

Tuesday, May 7th, 2013

If you are involved in an auto accident, even if you had no part in its cause, your insurance rates may go up. This is because insurance companies base rates on risk assessment, and a driver who has filed a claim is, statistically, more likely to file one again in the future.

The amount your insurance will go up after your car accident is far from an exact science. Some insurance companies will raise your rate 10 percent after your first accident, others as much as 30 percent. This rate can go up by as much as 150 percent in subsequent accidents and will include other factors including your age, your marital status, your driving record, and the size of your insurance policy.

There is little you can do to keep an insurance company from raising your rates after an accident, but Bronx personal injury lawyer Charles Rock can fight to see that you are compensated sufficiently to make this a non-issue. If your insurance company uses policy increases as an intimidation tactic, our attorney can protect you against their strategies, fight for your rights, and fight for the compensation you are due.

To learn more about what to do after an accident from our personal injury attorney in the Bronx, please contact Charles N. Rock to schedule a free case evaluation today.
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