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You can get cheap insurance after an accident by shopping around for the lowest rates, by reducing your coverage, and by taking advantage of all the available discounts. Right now, the cheapest car insurance companies for drivers with one at-fault accident are State Farm, GEICO and USAA. It’s also important to point out that any increase in your premium is temporary, as an at-fault accident will usually fall off of your record after 3-5 years.
Cheapest Car Insurance Companies After an Accident
| Company | Monthly Premium |
| $76 | |
| $79 | |
| $99 | |
| $105 | |
| $107 |
When looking for an insurance company after an at-fault accident claim, there are a few things you can do to get the most affordable coverage while you work to improve your driving record. Since insurance companies calculate premiums differently, get multiple quotes so that you have a wider range of choices. You should also consider getting a higher deductible in order to lower your premium, as well as temporarily reducing the amount of coverage that you carry.
People also ask
How long does a car accident stay on your record?
A car accident stays on your record for insurance for three to five years, depending on the state and insurance company. After that period, an accident no longer appears on a driver’s record for insurance purposes and will not affect car insurance premiums directly.
Just remember that even if the record of the accident goes away after three years, it could take as long as five years before a driver is able to once...
read full answer by WalletHub, Financial CompanyWhat companies offer cheap full coverage insurance for bad drivers?
The companies that offer cheap full coverage insurance for bad drivers include USAA, GEICO, Auto-Owners, Mercury, Progressive, Travelers and State Farm. These are some of the cheapest, but keep in mind that they will still be expensive compared to the premiums for good drivers. For drivers with most types of moving violations on their record, including speeding and reckless driving, GEICO is the best option. Progressive provides the best rates for drivers with more serious...
read full answer by WalletHub, Financial CompanyWhy is Geico so cheap?
Geico is so cheap because it sells insurance directly to consumers and offers a lot of discounts. Direct-to-consumer insurance sales eliminate the cost of middlemen and allow Geico to have significantly fewer local offices and agents than companies like State Farm and Allstate. Having a smaller agent network lowers Geico’s overhead costs so they can pass those savings on to consumers.
Average Monthly Rates for Geico vs. Top Competitors
| Company | Minimum Coverage | Full Coverage |
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