Lower Car Insurance Rate After an Accident
Automotive Accidents

You Can Still Get a Lower Car Insurance Rate After An Accident: Here’s How

One prevalent misconception about auto insurance is that you can’t ask for a lower car insurance rate after a recent car accident. This couldn’t be anything further from the truth. 

Many car insurance companies aren’t keen on outright punishing you for being involved in a car accident. In fact, there may be some ways to pay lower car insurance rates after your accident. 

If you want to learn more about how to find a lower car insurance rate, refer to this article for the information you’re looking for. 

Inquire About Accident Forgiveness

There are approximately six million car accidents that take place in the United States every year. With that said, it’s safe to say that being involved in a car accident is a normal part of life. 

Unfortunately, it’s possible that a car accident is inevitable for anyone driving a car. This means that many car insurance companies may be willing to offer accident forgiveness if you’ve been involved in a car accident. 

Accident forgiveness will help you maintain a decreased car insurance rate after your first car accident. To learn more about accident forgiveness, contact your insurance provider for details surrounding your policy. 

Find a Car Insurance Provider That Offers a Lower Premium

If you discover that your car insurance provider doesn’t offer accident forgiveness, it may be time to choose another company. Luckily, there are several car insurance providers that offer a lower premium that you’re looking for. 

With car insurance being a competitive industry, you can conduct an online search for the top providers in your area. Whenever you begin to shop for providers, it’s important to create a shortlist to compare different policies. This will help you choose the provider with the lowest rate

Improve Your Credit Score

Most people have no idea that car insurance providers may take a look at your credit score when determining rates. This is because these companies believe that people with higher credit scores are much less likely to file a claim. 

Whether or not this is true, improving your credit could impact your car insurance rate. Once your credit score gets better, you may be able to receive a more affordable policy than you have now. 

Try to Look for Discounts

Believe it or not, auto insurance companies offer everyday discounts for a variety of different people. Here are some of the typical discounts an auto insurance company will offer:

  • Student discount
  • Senior discount
  • Military discount
  • New driver discount
  • Bundle home and auto discount
  • Multiple car discount

If you fit any of these categories, there’s a chance you can shave some dollars from your monthly insurance costs, even after a recent car accident. 

Still Looking for a Lower Car Insurance Rate?

After a car accident, you don’t have to settle for high car insurance rates. As you can see, there are many ways you can find a lower car insurance rate. To learn more about how you can get a lower auto insurance rate, contact us today to request a quote.