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Originally Posted by AtomicLabMonkey
Okay this is a bit of a hijack, but it was the nearest insurance thread I saw.
Art - when someone makes a claim to get collision damage repaired on a car, their premiums usually go up afterwards, right? Do you know typically how much they increase (%), and for how long the increase applies (if not indefinitely)?
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If someone filed a collision claim for a accident that was their fault, the rates do go up. The amount they go up depends on each company and how long you are with them. Sometimes if you have been with a company for a long time, they waive the surcharge for the accident which helps, but you still lose the good driver discount. If they do not grant you the waiver of surcharge, then you will be surcharged for the accident and you will lose your good driver discount on that vehicle.
The surcharge will stay on the record for 3 years after the claim date (again depending on the company rules and guidelines). You normally get a good driving discount back after 3 years, or sometimes even 5 years if the company has multi-tier good driver discounts.
To give you a rough idea, I would say the rates of that vehicle would go up 20-30% or so. Best idea is to call the agent and give them a hypothetical situation (like 'what if' this happened) and ask them what the new rate would be.