Typically, many people do not realize that after one accident a premium increase is coming. It could be right away or when yearly renewal comes. You can rest assure that it will most likely happen, but it is not etched in stone. Today we will look at why one accident can increase your premiums and if it is possible not to see an increase in your premium.

For most people after one accident they will see an increase, but it all depends on many different factors. The two main things that usually will determine if you are looking at an increase are where you live and what was involved in the accident. States all have different criteria when it comes to insurance and that has a bearing if you see an increase. Another very important factor is the details of the accident. If alcohol was involved or became a big factor in the accident an increase will most likely be coming in your auto insurance premiums. These days some insurance companies will not renew a policy when alcohol is the reason for an accident.

Typically if you do have a good driving record and alcohol was not involved you may not see much of an increase if any at all. Another option that more insurance companies are offering is forgiving the first accident you have with them. Many companies are starting to offer this type of program. This is a way just in case you do have an accident you will not see increases on your premiums. You will need to check with your local insurance agent and see if this type of coverage is available. If it is available, it could be something you may want to look into as a way to beat a price increase. 

Always remember the biggest factor that insurance companies figure in is risk of a client. In other words, years of a good driving record will tend to help you in case you do have an accident. Once though you do have an accident another one a increase is a very good possibility. Keeping your record as clean as possible is the best way to help stop premium increases in your auto insurance.