As if dealing with injuries and property damages in the aftermath of a car accident wasn’t stressful enough, you must also worry about the consequences of filing a claim with your insurance provider. Many carriers will raise a driver’s premium if they contributed to the cause of a collision in any way. However, after years of practicing traffic law and dealing with insurance companies on behalf of numerous clients, the attorneys at The Walker Firm in Warner Robins, GA know of several ways to save money, even with an at-fault accident on your driving record.
How to Lower Your Insurance Premium After a Car Accident
1. Ask About Accident Forgiveness
Some car insurance providers will include an accident forgiveness clause in their policies. This means they will basically ignore the policyholder’s first accident and not increase their rate and/or lower their premium after a certain length of time remaining accident-free. Find out if the insurer offers this and if you are eligible to take advantage of it.
2. Take a Driving Course
Insurers typically look favorably upon motorists who take steps to improve their driving skills, such as attending a driver’s safety course. Taking this initiative may motivate the provider to extend a better rate when it comes time to renew a policy.
3. Raise Your Deductible
If you are willing to pay more out-of-pocket for damages sustained in potential future claims, raising the deductible can lower the premium payments by a large percentage. The exact amount will depend on the provider. Should you decide to do this, it’s important to make sure you can still afford the new deductible.
4. Maximize Discounts
Most insurance companies offer their policyholders a variety of discounts. Check with an insurance agent to see what kind of savings your current provider has available and which ones you qualify for. Maximizing your discounts is the easiest way to reduce how much you pay for coverage.
5. Hire an Attorney
While you might not think to initially hire an attorney to help with insurance costs, this can prove to be one of the most beneficial actions to take. Being found at fault for a car accident will result in points on your record. The more points accumulated, the higher you can expect the coverage premium to climb. An attorney will build a case on your behalf to prevent points from being attached to the record.
Fortunately, being in a car accident doesn’t have to result in a significant insurance rate increase. With an attorney from The Walker Firm by your side, you will be in a much better position to reduce the premium and avoid a tarnished driving record. Contact them at (478) 923-4152 to discuss the details of your situation or visit their website for more information on their experience in traffic law.