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How much insurance company will raise my rate after a car accident?

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How much insurance company will raise my rate after a car accident?

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The rate change for your renewal will be based on the type of accident (At Fault or Not At Fault) and the amount of money your insurance company paid out for repairs to the other party’s vehicle. If there was an overall rate increase for your state/area that can also affect you. There’s not a way to officially determine your renewal premium until closer to your renewal date. It should generate at least 30 days prior and you can speak with your insurance company about it at that time.

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