How to Deal with Car Insurance After a Car Accident

Posted: Thursday, March 31st, 2016

What can you do if you find yourself involved in an accident and have to deal with your insurance company? The automotive experts at Green Light Auto Credit have some tips for keeping your car insurance rates low after a car accident. Read on to learn more, then fill out our no obligation finance form to see how we can save you on your next vehicle purchase.

How Does an Accident Affect Car Insurance?

Depending on your policy, you can see a significant jump if you have even a minor fender bender. The amount of increase is based on several factors, including previous driving history, cost of repairs, fault, and whether or not a bodily injury claim was involved. Drivers can expect to see a jump in their rate immediately after the incident, which will gradually decrease over the course of 2-3 years, until it returns to close to the original rate – provided that there are no more infractions or incidents.
Answers to Car Insurance Questions

What Can You Do to Minimize an Increase in Your Rate?

There are a few things you can do to help minimize the hit your pocket book will take in the event of an accident, including:

  • Be Honest: Give your insurance agent a call and report the incident, no matter how small.
  • Ask for Forgiveness: Ask your agent if your policy offers accident forgiveness to avoid a rate hike.
  • Take a Class: Taking a driver’s training course could help you avoid additional fees when it’s time to renew.
  • Increase Your Deductible: Temporarily raising your deductible can help to offset an increase in your monthly payment.

You can also talk to your agent about any discounts they may have available to help you reduce the cost of your policy.

If You’re in Need of a New Car, Let Green Light Auto Credit Help

When it’s time to replace your car after an accident, come speak to the dedicated credit counselors at Green Light Auto Credit to learn about the low rates and special discounts that may be available to help you save money. We’re able to work with any credit, have access to a number of inventories from across the nation, and can easily find a car that’s perfect for both your needs and your budget.

Get the Car Financing You Need After an Accident with Green Light Auto Credit

Come to Green Light Auto Credit to get the financing you need and learn about car insurance after an accident. Contact us today at (800) 200-5551 or stop by one of our convenient locations.