It depends on who is at-fault for the accident. Your rate doesn't rise based on how much money was spent towards repairing your vehicle, it rises based on your driving/accident history. If you were in an accident and deemed not at-fault, supposedly your rate will not go up. However, I've seen my own rate go up AFTER an accident finally dropped off my record AND I had no tickets or citations, and the reason was given as "insurance rates have risen all over the state".
Your insurance rates shouldn't go up by much. Their insurance rates are the ones that will be affected and they will find it difficult to find insurance that will carry them.
This will depend on how long you have been with that insurance company. If you have not been with them very long then your rates may increase. If you have been with them a long time your rates might not increase but you may lose a loss-free discount. If you lose the discount your premium will go up but your rates will remain the same.
Rather than turn in a claim to your auto insurance, why not just go after the owner of the bicycle? Let their homeowners insurance cover the loss then you don't even have to worry about your auto insurance rates.
go for insurance with the lower rates
Rates go up when the insurance company has to pay a claim. They might not go up if the claim is small.
The rates won't go up; they will cancel your insurance instead. Personal knowledge.
Geico.com and Insurance.com lets you compare car insurance rates. You can also go to Progressive.com to compare rates.
they actually have a go insurance agency you can get all the information from there. Put in your rates from other companies and compare them to the agencies rates and they will do a instant quota.
Yes.
RBC insurance, provides homeowner with insurance rates that are reliable and accurate. They help home owners get the best insurance by helping them compare rates of homes with other homes.
Depends on the insurance company, but most likely not. Because animals are unpredictable in their actions, animal hits are considered as a non-at-fault loss and usually will not affect your rates.
Car insurance rates vary widely depending on the person purchasing the insurance and their car. People in Toronto interested in comparing the rates from different companies can enter information at Kanetix and let its' insurance calculator compare rates for them.