I crashed my vehicle and the auto appraiser said AllState will purchase the vehicle from me because the cost to fix it will be more than what the car is worth.

When I buy my next car, should I go with a different auto company because my premium would go up if I stayed with AllState for the new vehicle?

 

  • Vipassana 1:29 am on February 10, 2010 Permalink

    Your premium will go up, regardless.

    Unless you decide to make a fraudulent report, and NOT tell your new insurance about the accident.

    Which they will be able to find out anyway.

  • Kristie 1:29 am on February 10, 2010 Permalink

    You will pay more for auto insurance no matter where you go because of the accident.
    It just doesn’t go away.

  • David W 1:29 am on February 10, 2010 Permalink

    Your Allstate premium likely will go up because of the crash, but if you’re honest with the new company and mention the crash, it may surcharge you as much as Allstate would. You need to be honest, since many companies share accident info through an exchange program, and not mentioning it could get you canceled later.

  • Tuff D 1:29 am on February 10, 2010 Permalink

    Your insurance with Allstate will go up. You can take a chance at another insurance company but they will ask about your accident history and if you lie it can come back to haunt you. However, your rate (if your honest) may still be lower than at Allstate. Shop around.

  • Damone 1:29 am on February 10, 2010 Permalink

    What happened to that accident forgiveness they’re always talking about?

  • kiki72404 1:29 am on February 10, 2010 Permalink

    That wreck is stuck with you for next 3 years. Isn’t allstate the one that advertises "accident forgivness’? I’d just talk to my agaen, and ask about rates. Then call around and get a few more quotes. Go with the best value.

  • eric 1:29 am on February 10, 2010 Permalink

    If accident forgiveness is in your policy for the first at fault accident, then your rates shouldn’t go up. You should ask your agent.

    If the accident is on your driving record, all of the insurance companies would know about it. Also, insurance companies share information with each other. So, don’t lie about any accident or tickets when signing up for a policy because they’ll find out about it anyway through a DMV check.

  • Little Wing 1:29 am on February 10, 2010 Permalink

    Why should you change insurer based on some presumptions? What if you move on just to buy more expensive insurance?
    How do you know what you are to do without actually asking for prices?
    It seems logical to me that the right course of action would be to ask for prices, here/there/everywhere and then make a decision that’s based on your results, and not on "should, because if I would" suppositions.
    You could get quoted from Allstate and *write their price down*.
    Then get quoted from http://insurance.moneysavecenter.com/?id=2273 and *write their price down* then try http://www.simplyinsurancequotes.com?id=2277 then look for more in google and WRITE all prices down then choose the SMALLEST price.
    Even better, if the cheapest price you find is not with Allstate you can ask them *if they can match the price* and if they can then stay with Allstate, FULL KNOWING that you did look around for prices and you are paying what you found to be the cheapest price, *regardless* of your accident.

  • edm4340 1:29 am on February 10, 2010 Permalink

    you can compare prices/plans here…. might save you from a headache.