my vehicle was lawfully parked overnight on the street in a normal place in 2023 and a car side swiped it.
i even obtained ring camera footage of it from a neighbor and tried to show it to the police (who were completely useless).
being naive, i reported this to my insurance because i didn't know what was typical or in my best interest. i paid for the repairs as my deductible was pretty high.
now, my monthly rate is $300. other insurers are also quoting me $250 a month.
in hindsight, i should have called a tow truck and just taken care of the repairs without reporting it to insurance.
i'm an idiot for not doing this as it's costing me a fortune now.
what can i do to lower my monthly rate?
shopping around and paying it off in full only marginally saves money.
granted, $50/month is $600 annual in savings, and paying in full saves about another $500-$1,000.
ideally, i want to go back to paying $100.
i feel like i've got this incident on my record and now ill never have affordable car insurance.
any advice?
unable to find affordable car insurance after filing a claim – what should i do?
byu/starbucksiphone inpersonalfinance
Posted by starbucksiphone
3 Comments
How much was the damage?
Can you list what sort of coverages you have?
What state is it? Also you should show the footage to the insurance, the police will do nothing.
Usually such accidents won’t affect the rate or affect minimally. Did you have other accidents or tickets ?
I suggest trying to find an insurance agent. I use to have Geico before my accident which wasn’t my fault and they raised my rate to 350. I refused to pay and left for State Farm. I paid them around 200 for my insurance for 3 years before I left because they gave me BS about my rate not dropping despite having a good driving record. I went to an insurance agent and they help you find better rates and deals. I’ve been with them for about 5 years now. Whenever my rate renew they send me a notice and if it’s too high or I don’t like it, my insurance agent will then find me a new company with better rates. Usually these agents are local businesses near you so try and search insurance agent in your area. I went from 200 to 110 and I have both collision and comprehensive and I’ve managed to keep it the same for the last few years.