Personal Injury Claims and Car Insurance Rates

Personal Injury Claims

Car insurance. It’s a necessity, and as long as you are a good driver, you likely don’t think about it too often. However, when you are in an accident, your insurance rates are among the only things you can think about. Will your premiums skyrocket? Will you be charged a surcharge? How expensive will your new policy be? All of these are excellent questions, but they are also a little premature, especially if the accident just happened, and the fault hasn’t been determined. Fault plays a significant role in the effect a car crash has on your insurance rates and premiums. Therefore, before you go into complete meltdown mode, review the different possible scenarios.

Deemed Not At Fault

The best-case scenario is to be deemed not at fault once the accident investigation is completed. It is important to note that while most states use contributory negligence rules, as long as you are found less than 50% responsible for the accident, then it will go on your insurance as a not at fault claim, which means that the crash will not affect your insurance premiums, even if you use your coverage for medical expenses and the uninsured motorists benefits. Also, as long as the other driver is found to be at fault, you cannot be surcharged or turned away for coverage.

Deemed At Fault

Unfortunately, if you are found to be at fault for the collision, then your insurance rates will probably increase. Also, depending on the level of negligence determined in the accident report, you might need to pay a surcharge to your insurer, and you may even find it difficult to maintain coverage. While losing coverage is an extreme result, if you have been found negligent before or if your negligence led to significant harm to another party, then it can happen.

No one benefits in an auto accident. Regardless of who’s at fault, both parties are likely to suffer significant financial losses. Therefore, to ensure that you are well-protected and that you get a fair recovery, contact a personal injury attorney to discuss your case, regardless of your fault in the claim. Those who are not at fault will likely need help negotiating a fair settlement, and those who are at fault will probably need representation to ensure that their insurer is fair in their assessment of the incident. Therefore, no matter your stake in the unfortunate collision, have an experienced personal injury lawyer in Philadelphia, PA in your corner to offer advice and fight when necessary.

Thanks to Wieand Law Firm for their insight into personal injury claims and car insurance rates.