What will the effect be on my insurance rates?

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Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

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UPDATED: May 25, 2012

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Insurance Question from Concord, CA

Asked on 05/25/2012

What will the effect be on my insurance rates? I have auto insurance with Farmers. I do have a SR22 filed for a DUI last year and today was at fault in a minor rear end collision at a stop light. There was damage to the rear bumper of an Infiniti G ( I believe that was the model), enough that I'm sure it will have to be replaced.

Answer given on May 25, 2012

Insurance companies have filed for different rates for the driving record of the drivers they insure. If you have had an accident that exceeds $750-$1000 in property damage, or any bodily injury, your auto rates will be increased. If there was another driver in the car that you struck, you should not try to settle it yourself, as the other party can come back to you in 3 years and claim bodily injury. If there was an accident, you should report it to your insurance company and let them investigate and settle as they determine it should happen.With your earlier ticket and this accident, you could be at risk for the insurance company deciding not to continue your insurance. However, there are several insurance companies which will handle your insurance and you should see if your current insurance company decides to non renew your insurance or not. You can then decide what you want to do regarding your insurance coverage.

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