Car accident? Will a Personal Injury Claim Affect Your Insurance Premium?
Being in a car accident can be a traumatic experience. Not only could you suffer physical injuries, but you may also suffer mental anguish afterward. Not to mention the damage to your car. To add insult to injury, car insurance companies will try to lower the amount of compensation for your damages. In this case, you may want to take things up with a lawyer to get what you think you deserve, but you worry about whether this will affect your car insurance premium. Let’s talk about why and when this shouldn’t be a problem.
Why filing a personal injury complaint shouldn’t affect your car insurance premiums
Insurance companies calculate their insurance premiums based on your risk profile. If the accident wasn’t your fault, your risk profile is not affected by any personal injuries claims against your policy, so there shouldn’t be any changes to your insurance premiums. If you can prove that the accident was not your fault, then there’s no reason to believe that you will be a high-risk customer in the future and there will be no reason for your risk profile to be changed.
When would your car insurance be affected
If you were responsible for the accident, especially if you have a history of accidents, your car insurance will be affected negatively. It doesn’t matter whether complaints are filed against damages to the car or to the driver or passengers personal injuries, your insurance premium will be affected in the same way. They basically will see you as a higher risk client and will, therefore, charge you more to insure your car.
If your car insurance didn’t pay for all your medical expenses after a car accident, you can file a personal injury complaint. If you have been injured in a car accident due to the negligence of another driver, you deserve to be compensated and should contact the New York City Car Accident Attorneys at Linden Law at 212-804-8440 for a free and confidential consultation.