Accidents can have a lasting impact on your insurance premiums, often extending well beyond the initial incident.

Understanding how long these effects can linger is crucial for managing your insurance costs effectively.

One of the primary factors that determines the duration of premium increases is the severity of the accident.

Minor fender-benders or low-impact collisions typically result in smaller premium hikes and a shorter recovery period, often around 3-5 years.

In contrast, more severe accidents involving significant property damage or bodily injury can lead to more substantial premium increases that can persist for 5-7 years or even longer.

The type of accident also plays a role. - https://insurefuturenow.com/blog/how-long-accidents-impact-your-insurance/?unique_id_cbwumtus

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