Picture this, you're driving down the causeway -heading for a nice day in the French Quater- and out of nowhere, a driver rear-ends you. You didn't see him coming and now all you get to look forward to insurance paperwork because the other driver was distracted by his phone, and your car is now totaled. But that is not the worst of it, because only last week you were caught in a minor traffic accident and had to make an insurance claim because the other driver was shown to have whiplash. Now you have two claims and less than a month, and your premiums will surely rise.
How many insurance claims can I make in a year?
Now you may be asking yourself how many claims you can make in a year on your car insurance. The answer is as many as you need. There are no restrictions on making claims. However, the number of claims you make can put your premiums in jeopardy. Depending on your insurance company, they may offer accident forgiveness, which means they don't raise your premiums if you go without an accident for a certain amount of time, but not all insurance companies off of this.
What other ramifications will I face from multiple car insurance claims?
If you are seen as a risk to the insurance company offering you the car insurance, they may only offer you third party liability instead of comprehensive coverage. The insurance company has the right not to offer you insurance and dictate the terms of the policy. So if you find yourself in a position where you cannot get adequate insurance because of multiple claims, then you should shop around for new insurance. As a resident of Louisiana, there are plenty of auto insurance companies in Louisiana who would be happy to help you shop for insurance and get full coverage.
What will happen to my insurance premiums
Regardless of whether you stay with the company you've been with or move to another insurance company, you will surely see an increase in the cost of premiums you must pay on a policy for your car insurance. The insurance company may offer you discounts for the safe driver or defensive driving courses or for using automatic payments. But, if you have had multiple claims over three years, then it is likely that you still have to pay a premium for insurance regardless of the discounts offered. After making an insurance claim, one can see their insurance premiums jump anywhere from 41% to 93%. So if you have a wreck, then you could be paying double for your insurance in the future depending on the amount of damage and the cost of the insurance claim that was paid out by your insurance company.
Can I appeal to the higher car insurance premiums?
You can, but it would be ill-advised. When it comes to the premiums, the insurance company has the upper hand, and they are under no obligation to keep your premiums at the current rate after you make an insurance claim. You would be much better off shopping for new insurance and explaining the situation to the potential insurance company of your choosing and ask for the mercy of reasonably priced insurance to cover your vehicle as well as yourself.
No one wants to get into a car wreck either but, accidents happen, and if you are found at fault, then you will probably suffer the consequences of higher premiums. But, it is important to understand and remember that there is no limit on the number of insurance claims you can make in a year.