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Not usually (unless you have had allot of them).
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∙ 14y ago
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How does damage done to your vehicle affect your future insurance rates?
No damage, no claims
What company claims to have the cheapest auto insurance rate?
Geico claims to have the cheapest auto insurance rates. You can get more information about auto insurance rates from Geico at the official Geico website.
Would the type of house I live in affect my insurance rates?
Yes. The type of house you live in, along with your income, will affect your insurance rates tremendously.
What wouldn't cause your insurance rates to be higher?
Filing no claims on your insurance will not raise your rates. Your insurance agent would just as soon never hear from you except when you pay your premium.
What are the rates for swinton insurance?
Rates for swinton insurance are variable just like any other insurance company but they do offer perks and discounts such as up to a %65 discount for having no claims.
Will a speeding ticket in California affect your insurance rates in Connecticut?
All driving infractions affect your insurance. Drive safely!
How does a traffic ticket affect your insurance?
It can definitely raise your rates.
What is contributing to increasing rates in auto insurance?
They want more money :) The insurance rates are based off the number of claims. When natural disasters occur (like Katrina) insurance companies have to shell out large amounts of cash to cover claims. In order to recover their losses, they pass this cost onto their customers.
Can a ticket in NC affect your VA license?
Yes, it can affect your Virginia license. And it can affect your insurance rates as well.
How long do speeding points affect your insurance premiums?
Speeding tickets affect your insurance rates for at least 3 years in most states.
How will disobeying a traffic signal affect insurance rates in Illinois?
It will make your insurance premium go up..
Will insurance rates go up if no claims were reported?
Insurance rates are not determined by an individual's claims ratios, as the few who have claims could never afford their premiums if that were the case. They are figured over thousands of clients. This is how insurance of every kind works. By use of the law of large numbers, the risk of loss can be figured and these rates applied. Risk is calculated so that those who exhibit the most risk will pay higher premiums while those who have lower risk will pay less. Auto insurance companies usually lose money on claims but hope to make money by investing the sums between collection and payment of claims.
