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How Much Can My Auto Rate Increase After One Accident? If you are 'at fault' for the accident, theses types of coverage - Personal Injury Protection, Property Damage Liability, Bodily Injury Liability, Medical Payments, Collision, and Other than collision - will help cover you, the people in your vehicle, your vehicle, the other party, and the other's party's property. Now, if you are 'at fault' for the accident, there are various reasons why your rates will increase. The first is having your current insurance coverage premium's reflect the charge for this accident. Insurance companies usually charge 'points' to your policy at its renewal. Depending on the insurance company, these points will be charged to your policies for three, five, or even seven years. The next more expensive rate will be if your state requires that you carry an SR-22. You will need to carry this form and its necessary coverages if you did not have enough insurance at the time of the accident. « Previous Page « » Discuss it » Continue Reading »
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