Being involved in a car accident is an unpleasant experience at best. In many cases, these experiences are made worse by an increase in your monthly auto insurance premiums after the fact. But what happens if you are involved in a collision that is not your fault? Unfortunately, your insurance company may still raise your rates if it determines that you are a higher risk than previously thought. While this may seem unfair, there are several reasons why an insurance company may come to this conclusion.
Insurance Rates are Based on Risk Assessment
Every insurance company has its own proprietary methods of assessing the risk of insuring a driver, which, in turn, affect the cost of their coverage. These models analyze historical data to determine which behaviors indicate a higher likelihood that a driver will file a claim, thereby allowing insurers to adjust rates to a driver’s risk level. While fault for accidents is a big factor in these calculations, simply being involved in a collision, regardless of fault, can alter the output of these calculations.
A single accident that wasn’t your fault is unlikely to result in raised rates, as insurance companies may simply see the collision as a matter of being in the wrong place at the wrong time. A series of accidents in a short amount of time, however, is a different story. Even if authorities and the other driver’s insurance companies have all determined that you are not at fault, your insurance company may see your tendency to be involved in collisions as an indication of some sort of dangerous behavior. For example, being rear-ended five times in a year may cause your insurance to believe that you are doing something unsafe, such as braking too suddenly or frequently traveling on unsafe stretches of road.
The Insurance Company May Not Agree with Police
Just because a police officer has indicated in their report that the collision was not your fault does not automatically mean that your insurance company will agree with their findings. Insurance companies often conduct their own investigations and will consider other types of evidence, including witness testimonies and accident recreation techniques. If the insurance company’s conclusions do not match those of the police department, they may choose to up your rates.
This information further proves how complicated a car accident can be when all factors are considered. If you have been injured in a car accident, regardless of fault, it is imperative you contact a knowledgeable Worcester personal injury lawyer from the Law Office of Robert W. Kovacs, Jr. to ensure your rights are protected. Backed by a “Superb” Avvo Rating and numerous positive client testimonials, we can provide the strong advocacy you need to maximize your financial recovery.
Seek justice for your injuries today – call (508) 443-4864.