Re: Effect on insurance due to Accident!


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Pantar   
Member since: May 07
Posts: 37
Location:

Post ID: #PID Posted on: 30-05-07 05:36:55

My friend hit another guy's Van from behind and damaged his bumper. (Estimated Damage ~1500$).
He had no previous records (Accidents or tickets) since last three years.
His current premium for Third-Party liability is 150$ pm with TD.

What would be the possible impact on the monthly premium?

Thanks

Pantar



Aashu   
Member since: Nov 04
Posts: 1353
Location: Vaughan

Post ID: #PID Posted on: 30-05-07 11:59:59

It is very uncertain but

I have had a friend - there was absolutely no impact on his / her insurance after accident (by his/her fault) , rather it went down on renewal.

Depends on lot many factors so there is no figure you can predict now.





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