What can cause auto insurance costs to increase after an accident in Yuma?
Yuma, AZ – Auto insurance companies can be difficult to deal with for a number of reasons. However, auto insurance is required by law for drivers and a policy is often the only way for a driver to get payment for their vehicle repairs and other types of losses. One of the most frustrating aspects of auto insurance is dealing with sudden increases in costs, and that these can come suddenly and due to no fault of the driver alone. After an accident, it is best for anyone who has been hurt to retain an attorney and have them assist with the claim process and negotiations for a settlement to pay for injuries.
The insurance company’s total claims and costs
When a driver has auto insurance through a certain company, there are several broad factors that can cause rate increases over time. This is partially related to the total number of claims the company is paying out and and the total number of accidents. Because the provider will have to pay out more money for these reasons, they will try to offset their costs by charging customers more, even if they were not actually involved in an accident in the prior year. The insurance company basically makes everyone who holds a policy share their costs.
More uninsured drivers on the road
When uninsured drivers start to get into accidents, this can also increase costs for everyone, as drivers who actually pay for insurance and their insurance companies end up paying for most of the damage. Drivers can choose to pay for separate coverage that will protect them if they are hit by an uninsured driver, but this adds to the policy cost as well.
Risk of future accidents
When a driver has a history of things like traffic violations and accidents, the insurance company will want to charge them more based on the belief that they are a higher risk on the roads. These risks can start to accumulate over time, and drivers who have caused many accidents can potentially cost their insurance provider lots of money if they need to pay out multiple settlements to accident victims. Aside from cost increases, an insurance company may choose to drop a driver’s coverage entirely when they become too much of a risk.
Local injury lawyers are available
Schneider and Onofry is a law firm that works with accident victims in the Yuma, Arizona area. People who have recently been injured can schedule a meeting with their attorneys for advice and representation.
USAttorneys.com is a web directory that lists lawyers in every state around the country. People who need a referral to a licensed attorney can call 800-672-3103 for assistance.
Firm contact info:
207 W. 2nd St., Yuma AZ 85364
928-257-4887
soarizonalaw.com
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