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Will your vehicle insurance rates go up if you make an auto accident claim?
Aug 30th, 2011
Many motor vehicle accident victims are concerned about their vehicle insurance rates
being raised if they have a bodily injury claim even when they are not at
fault. I have always told my clients that they do not need to worry about their rates
being raised because there are lots of other insurance companies out there
willing to take their business and will probably do it for less. Additionally,
Kentucky has a law prohibiting auto insurance companies from raising their
rates due to a claim when the person is not at fault. KRS 304.20-045. If the
auto insurance company raises your rate, you can file a complaint with the
insurance commissioner who may fine the company for their actions.
As
you can tell by the number of television advertisements for motor vehicle insurance
companies, the vehicle insurance industry is very competitive, which is good news
for the consumer. You do not need to be
concerned about the raising of your rates because you have an injury claim related to
a car, motorcycle or truck accident.
If
you need help with your case, please fell free to contact the Kentucky Auto Accident Attorney by clicking here or calling 502-241-8000 or 859-367-0036.
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"Matt has a very aggressive, energetic approach and got the results I needed without having to go to trial. He was there when I needed him and got me a fair settlement in minimal time." — John Hodgson | Louisville, Kentucky
 
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