Insurance will go up by around 3% to 48% after a totaled car, depending on who was at fault, your state and your insurance company. You will see the most significant increase if you were at fault for the accident because your insurer will view you as riskier to insure.
How Much Insurance Goes Up for a Totaled Car by Scenario
At-fault accident. Rates will go up by about 48%, on average, and you will have to pay a deductible if you file a collision insurance claim for vehicle damage.
Not-at-fault accident. Your car insurance rates will go up by about 4%, on average, even though you should be able to file a claim with the at-fault driver’s insurance company.
Non-accident damage. If your car was totaled by something like a tree falling on it, you will need to file a comprehensive insurance After filing a comprehensive insurance claim, your rates will go up by 3%, on average. You will also be required to pay your comprehensive deductible before your insurance will cover the value of your vehicle, up to your policy limit.
Every state has different laws regulating car insurance rates and totaled cars, so it’s a good idea to check how much an accident is likely to increase insurance rates in your state. Similarly, every insurance company uses a different method to calculate insurance premiums, so how much your rates will go up after an accident will vary. Your rates will typically be affected for about 3-5 years.
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