How Long Does a Car Accident Affect Your Insurance?

A car accident takes a while to jump ship from your car insurance policy.

Q: “So last year in 2014 in August, I was in a really bad car accident (it was my fault) and naturally my insurance went up drastically. (it went from 90$ to 190$) Its been almost a year and a half with my new car and no accident and still my insurance has not gone done. Not even a dollar. My question is how long will it take before my insurance goes down?”

A: Sorry to say, but you still have another year and a half to go. Car accidents stay on car insurance policies for about 3 years, depending on when your renewal falls. Once your 3 years anniversary of your car accident arrives, start talking to your car insurance agent or car insurance company about reviewing your policy.