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How much will the car insurance rate increase?
February 8th, 2010 by admin
How much will the car insurance rate increase?
Company: Mercury
Current Rate: $450-ish/month
Accident: Backing up into another car; indentation (about 2 feet wide) on other car, no injuries, other car still functions normally.
Current Rate: $450-ish/month
Accident: Backing up into another car; indentation (about 2 feet wide) on other car, no injuries, other car still functions normally.
Also, I got my license in July and I am under 18.
Thanks in advance.
Filed under: finance
2 Responses to “How much will the car insurance rate increase?”
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February 8th, 2010 at 3:27 pm
Best Answer – Chosen by Voters If you just go your licence not that long ago, you might want to start getting quotes from other insurance companies…because I bet your current insuance company is going to drop you.
February 8th, 2010 at 3:27 pm
You're not off to a very good start with this company! The rate increase depends on the company, and you'll have to report the accident honestly if you switch companies; they can find out.Your best bet is to drive more carefully and let the increase work off over a few years.