Best Cost Car Insurance

Got involved in an accident, not my fault. If I got a new insurance policy for a new car, will it cost more?

My current car was hit by another driver two weeks ago. It's not my fault. But I am planning to get a new car and new car insurance policy from other company. Then I will sell my current car. I assume that the agent will ask me whether I had any accident within 3 years when I am buying a new insurance policy. I have to tell them that accident. Even the accident is not my fault, will the new car insurance policy for my new car cost more? Will I lose my good driver status because of that? Any comment and suggestion are welcome. Thanks! Moreover, I am in California.

Public Comments

1. Everytime you get in an accident and report it to insurance companies your rates go up
2. If you were not cited, it isn't on your record. So why mention it?
3. If you are going to a new insurance company. Your new Insurance company will see the record of the accident on an ISO(also has other names, CLUE, ect) report but it will not show whose fault it is. If you are using a local agent they will most likely be helping you get the best rate. Take then a copy of the police report of other proof that you are not at fault and the companies underwriting department will rate this acordingly. If you are going to use a company without an agent(internet application or other), you will have to be your own advocate in some cases. Some companies will assume that the accident was your fault unless you show otherwise(after they have billed you). Offer to send your proof that it was the other drivers fault. Overall no one here will be able to say for sure. Your specific state will have regulations that are required to be followed by all insurance companies. Then your insurance company will comply with these guidlines but may have more specific practices that we will not know. Example: Many states have laws that you can't be penalized for one accident that is not your fault, but do not say anything about a second accident that is not your fault. If you get into a second accident, it is up to your insurance company to increase your premuims if they feel you are an increased risk statisticly(justified or not) If you are using a local agent, they can advocate for you with their underwriter, just have proof that you were not at fault and that should help ** added ** to address the post of roady42 if your last accident was reported to any insurace company, it will reported and show on an ISO report(again it only shows that an accident happened,with your name, vin of veh, ect) the police report has nothing to do with an ISO report omition is considered insurance fraud and grounds for cancelation of your new insurance policy. Your new insurance company will know about the accident from the ISO report(reported by the insurance company paying your claim and they are allowed to do so by law). They may quote you based on your answers but they will have the right to change the rates or cancel your policy since you lied to them. real great advise roady42, way to get him sent to jail!
4. First of all, I suggest that you consider keeping your current insurance policy and just changing the vehicle on cover - this is of course subject to you deciding, or your advisor deciding, that this would be the best way to meet your demands and needs. The problem is: your no claims bonus is probably now 'stepped back' until your insurance company decide that no payments will be made to the other driver or they get the money back they paid for repairs to the car (if your cover is comprehensive). Keeping with your current insurer avoids this pitfall. You should also note that you can't use the same no claims bonus twice, so can't transfer the no claims bonus onto the new policy without losing it on the old. Your current insurer may allow you to keep two vehicles on cover for a short period (temporary additional vehicle) to give you time to sell it. It is possible that your insurance will cost more even if the claim is settled non-fault as some companies do make a small charge no matter whose fault it is (don't ask me why - presumably it is due to statistical evidence)
5. YES YOU WILL HAVE TO TELL THEM OF ANY AND ALL ACCIDENTS EVEN IF THEY ARE NOT YOUR FAULT.
6. It shouldn't go up if you were not at fault. My husband and I were in a car accident that wasn't our fault and ours did not go up.