Impact On Insurance Rates Due To Teenagers Accidents
Impact On Insurance Rates Due To Teenagers Accidents
The teenagers as soon as they get the license to drive the car themselves gives the sense of freedom to the teenagers as they will drive on the road as the free birds flying in the sky and the first thing which is seen that the insurance rates of the teenagers car insurance are very high and if some how due to some unavoidable reasons the car crashes or the teenager gets into the accident then the insurance agent will recommend you to get the car fixed yourself as the insurance rates of the teenager car will go very up that is the rates will reach the sky and it is better to get the car fixed from your own pocket but it becomes your moral duty and also the right thing is to tell the insurance company and not the agent between because if you don't tell the company then you will not get any claim in near future. Thus the car accident impact insurance rate very easily.
It seems better in the situation to get the car fixed from your own pocket rather then claiming for the damage because a person does not know that how much the teenager's car insurance rates will increase. The first thing which is to be looked upon is that if the accident done by the teenager is very minor like the car hit the gate of the garage or if there were some brushes on the car door by putting in some stuff then the car should be fixed on your own and if you report the accident to the insurance agent they will ask loads of questions to your son or daughter.
The question to be asked are of the type that whether your child took the car with or without your permission then the rates depend upon the answers given by you. If the teenager got into accident because of the reason that he was drunk then the insurance company have the full right to cancel or discontinue the policy of your child at the very movement without giving any explanation.
If the car accident done by the teenager is with some stranger person and knowing that it was not the fault of your child then still the teenager will be sued and not believed by anyone and it is better not to report the claim to the insurance company.