It’s one of the most common questions we get after a crash. People are (rightfully) worried about how they’ll manage their insurance premiums if the rates go up. So, will your insurance premiums go up after a crash? It depends.
If the insurance companies determine that you were “at fault” for the crash (meaning more than 50% responsible), your rates may go up. The exact amount is up to your insurance company and their particular way of determining risk.
Not At Fault
If you were involved in a crash and found less than 50% responsible, your insurance rates should not go up. In fact, Georgia codes are specifically meant to prevent insurance companies from raising your rates if you were not at fault. If your insurance premiums went up, but you weren’t found more than 50% responsible for the crash, you may want to contact an attorney about the possibility of insurance bad faith.
So what happens if you’re involved in a hit and run or if the other driver’s insurance policy is insufficient to cover the damages. In that case, your case is treated as though you were not at fault for the crash. If you file an uninsured driver claim, your insurance rates should not increase.
But, hypothetically, what would happen if you had caused the crash, but the other driver fled the scene before you could exchange insurance information? This is a tricky situation that’s best left to your attorney. When you hire an experienced auto injury attorney, you can rest a little easier knowing that your attorney will handle all the difficult insurance-related questions while you focus on your recovery.
If you suffered serious injuries after a car crash, we are here for you. If you’d like to schedule a free case consultation with an experienced Atlanta car accident attorney from Goldstein Hayes & Lina, LLC, please don’t hesitate to call (888) 425-6070 or send us an email.