How a Little Fender Bender Can Greatly Affect Your Car Insurance
If you get into an accident, chances are there are a few thousand thoughts going through your head. One of them is probably, "how is this going to affect my car insurance rates?" Even the smallest, most innocuous, tiniest collision could leave you with financial repercussions; regardless of whose fault the collision was.
Insurance Claim 101: At the Scene of an Accident
There is an abundance of misinformation out on the Internet that will try to convince you that you should pay out of pocket for fender benders. At the scene of the accident, don't be so quick to cut the other person a check; likewise, don't accept any money from the other person as well.
Raise Your Deductible to Save on Car Insurance
Car accidents are expensive and a major inconvenience. However, having the lowest possible deductible probably isn't going to make a difference in the long term costs. Instead, you should consider raising your deductibles to lower the overall cost of you car insurance premiums; its one of the best ways to save on your car insurance.
Yes, a collision will be a little more expensive, but
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