Car insurance question

[Jumpem]

right, in your case.

Car premium will mostly go up if insurance pays any money out.

And homeowners insurance works differently. They don't care for your claims. They care for claims in your area. My homeowners went up each year, because we had storms every year and many people needed sidings and roofs replaced.

The two major reasons for insurance premiums increasing are:
1. Change of location
2. Claim that your insurance pays out on.

If you make a claim, but your insurance company was able to recover those funds (i.e. sue the other insurance company) then you're probably fine. But if you're at fault or they CAN'T recover those funds for some reason, it's just a matter of time before they go up.

Another thing to consider is that a lot of insurance policies are overpriced. If yours doesn't go up, it may already be expensive. Also, the models of which your premium is based on are not published, so we can only speculate.

They paid out on two auto insurance claims: over a hundred hail stone dents, and when someone backed into me while parked at a restaurant. They also paid out for my house when a roofer left it open and it rained. They did get some money back from him, but it took seven years.

My rates have never increased more than a marginal couple of dollars every few years.

 

[Kelvrick]

Just an update. My insurance found me not at fault and her agent found her not at fault. My agent asked me if I wanted to use my policy. I then chewer her out a little about needing to do her job and go after the other agent.
After 3 days, the other driver's agent called me and said they're accepting liability and asked me where I want to take my car /yay

On a side note, my rental came with two keys. But they're chained together. We'd would they do that. If I lose my keys, I'd lose both.

They don't care if you lose the keys (ok, maybe they do) because they'll just charge you to replace the keys. This way, they keep both keys together for resale later instead of having to organize and keep track of 2 keys per car. Instead, its just one thing pair of keys hanging from the number board, etc. Much easier logistically.