How much will your insurance rate go up after a minor accident that was your fault?

[Edit]

Answer

The short answer is 'depends.' The long answer is that it depends on you age, how long you've been driving, previous driving history, and insurance company. If by minor you mean under $1000 property damage and under $750 bodily injury, then you may expect a 0-25% increase in premiums. If it's over those limits, you could see a much, much higher increase which could include policy cancellation. It really depends on your situation.

Improve Answer Discuss the question "How much will your insurance rate go up after a minor accident that was your fault?" Watch Question

First answer by anonymous. Last edit by ID1173125080. Question popularity: 108 [recommend question]

Also see on Answers.com

Research your answer:

Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Auto Insurance > Tickets Points and Auto Insurance Rates > How much will your insurance rate go up after a minor accident that was your fault?

Our contributors said this page should be displayed for the questions below. (Where do these come from)
If any of these are not a genuine rephrasing of the question, please help out and edit these alternates.
Rate small accident?  Insurance rate at-fault accident?  How does a minor accident affect insurance rate?  What is the typical rate increase after a minor accident?  How much will your insurance go up after a minor accident?  How much does your insurance rate go up if your are at fault?  How much will your insurance go up because of a minor accident?  What happens if you get into a minor accident and its your fault?  How much will your insurance go up after a very minor accident if it was your first ever accident and how long will you have this increased rate?  How much will your car insurance go up if you had a minor accident and you were at fault?