Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I crashed my vehicle and the auto insurance company will buy it from me. Next car = New Insurance company?

April 26, 2017auto insurance buy car COMPANY crashed Insurance vehicle

0

Posted

I crashed my vehicle and the auto insurance company will buy it from me. Next car = New Insurance company?

1 Answer

0

Posted

I crashed my vehicle and the auto insurance appraiser said AllState will purchase the vehicle from me because the cost to fix it will be more than what the car is worth. When I buy my next car, should I go with a different auto insurance company because my premium would go up if I stayed with AllState for the new vehicle? A: Your premium will go up, regardless. Unless you decide to make a fraudulent report, and NOT tell your new insurance about the accident. Which they will be able to find out anyway.