If I file a car wreck claim will my insurance rates go up?

If your car is in an accident, and it’s your fault, then typically your insurance rates will go up depending
on the insurance company that you have and their policies. So, if you go around causing a lot of
accidents or having wrecks, yes, your insurance rates will go up. And, if it happens enough, your
insurance may actually be dropped. Now, if your insurance is dropped, that doesn’t mean they don’t
have to pay that claim, it just means they won’t insure you for future claims.

In terms of the rates going up, this is a concern for people: if you’re filing an underinsured claim or an
uninsured claim, it’s against the other driver even though it’s your policy and that will not affect your
rates, even if your insurance company pays out hundreds of thousands.