What Will Happen at Renewal After a 2nd At-fault Accident?

Insurance companies can’t even tell you what will happen at your renewal in advance.

Q: I have had 2 at-fault accidents in a little over 3 years, with one of the accidents being severe enough that the other party’s damages may exceed my coverage limits. I also just recently got my first traffic infraction from this last accident. What will happen at my upcoming April renewal?

A: It is really hard to say what will happen at your renewal. Each insurance company has their own way of doing things and what one company may do another may not.

Here are my thoughts of the different scenarios that may happen though:

1) Your insurance premium will go up because of the accidents and a new infraction on your driving record.

2) Your insurance company will drop your coverage because of the multiple at-fault accidents and the infraction.

3) Nothing will happen yet because the 2nd claim may not be settled and your driving record may not get pulled this renewal.

All you can really do is wait to hear from the insurance company about the renewal. For the moment though, you still have insurance coverage. Your company also has to give you plenty of notice if they are going to drop you, so you can get new coverage in place before it ends.