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Car crash not your fault? This insurer is most likely to raise your rates anyway
This company is most likely to raise your car insurance rates after a crash that's not your fault.
Can your auto insurance company raise your premium for an accident that wasn’t your fault?
I learned the answer the hard way a few years ago when my neighbor who parked next to me banged up my car as he was leaving his parking space.
Even though I had nothing to do with the accident, and I wasn't even present, my rates shot up 15%.
A new study from the Consumer Federation of America (CFA) found that several major insurance companies are more likely to raise premiums after a not-at-fault accident.
In some cases, you can end up paying $400 more for doing nothing wrong at all, the study's author said.
Read the full story at Clark.com.
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