Will My Insurance Premiums Increase if I File a Claim Against My Insurance?

Will Your Insurance Premiums Increase if Your File a Claim Against Your Insurance?

Most people understand that they will more than likely see an increase of their car insurance premiums if they were the at-fault driver in a car wreck. However, people often wonder if their insurance rates will increase if they file a claim against their own insurance in situations when they’re were injured by an uninsured driver or a driver that doesn’t have enough insurance coverage to cover their injuries.

Don’t be Discouraged Against Filing a Claim Under Your Insurance Coverage

Unfortunately, the short answer to this question is that, your insurance company will likely raise the rates of your insurance premiums regardless of fault and even if you don’t file a claim against your own insurance company. Fortunately, the compensation you receive from your insurance company in these situations should offset any increase in your insurance premiums.

The insurance industry has convinced people that they shouldn’t file claims against their insurance company by stating that your rates will likely increase if you bring a claim against your insurance carrier. However, they conveniently fail to mention that they will more than likely raise your premiums just because you were involved in a wreck even if you weren’t the at-fault driver. Insurance companies believe that if you were unlucky enough to be involved in a car wreck with a negligent driver means that there is a greater probability that you are unlucky enough to be involved in a subsequent wreck. The insurance industry considers you a riskier person to cover so they will in turn charge you more to insure you.

Uninsured Motorist Coverage

I previously wrote a blog post about Uninsured Motorist Coverage and how it’s mandated to provide financial recompense to innocent persons who receive bodily injuries, or property damage, and to the dependents of those who are killed through the wrongful conduct of an uninsured or hit-and-run motorist.

You pay for this coverage and should use it when needed. Don’t add insult to your literal injuries and suffer further financially and physically by not bringing a claim against your insurance company for coverage that you pay for. Your insurance premiums will more than likely raise regardless if you file a claim or not so you should bring a claim to recover all the compensation you are entitled to.

I Can Help You Bring a Claim Against Your Insurance Company

If you are a loved one was injured as a result of a reckless or negligent driver who didn’t have car insurance or who fled the scene of the accident, contact me. I can help you bring a claim against your insurance company to recover the compensation you’re entitled to under your Uninsured Motorist Coverage. I act quickly and I fight to ensure that my clients receive maximum compensation for their injuries and receive all the compensation they’re entitled to. To learn more about me and my work fighting for injured victims, https://baileylawfirmsc.com/.