Quote:
Originally Posted by DreamFusion
If she is able to go with the $300 deductible, I'm assuming her rates will go up, does anyone know by how much? If the insurance rate does rise, it might be cheaper to just pay the $1500 herself?
Thanks!
|
It depends how many years of accident free driving she has. You roughly get a 5% additional discount for each year of accident free driving.
When you accumulate enough years, if you get into an accident, you only go back 2 levels or so. However, if you got into an accident without much of a discount (e.g. 2 years), you can get pushed up 40%. It took my fiance ~ 3 years to work back down to 0%. Call any broker...they can confirm.