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One car parked outside my house, got sideswiped earlier this year and of course, I had no idea who (middle of the night hit and run). I made a claim against the insurance to fix it, and they ended up paying out about $ 750.

My OTHER car had the same thing happen to it yesterday morning (I found out when I went to go to work) so I got an estimate at lunch and it’s gonna be at least $ 2500 to repair THIS damage (at the insurance companie’s preferred shop).

No suspects, no witnesses, nobody to point the finger at.

$ 250 deductible I can manage to scrape together, but … will my insurance company (Nationwide) hike my rates, and if they do is it likely to be “a little” or “a LOT”? I’ve had them for four years, I have mediocre credit but a spotless driving record, and now TWO “no fault” claims in 2008 … I haven’t called them yet to report it, but I probably need to TODAY if I am going to …

6 Thoughts on Two “hit and run” claims in one year … are they gonna “stick it to me” with my insurance rates?
  1. Reply
    November 8, 2011 at 8:15 pm

    Even if they did raise your rates, it would not mount to $ 2500 (even added to few years).

    Report it – collect it. Now park it somewhere it is safe.

    Good Luck…

  2. Reply
    November 8, 2011 at 9:11 pm

    Neither was your fault of course. Can they still raise your rate because they paid out? Simple answer is yes, they can. Mine increased 3 years in a row with no claims, no tickets.

    But even if they do increase it slightly, it won’t be anywhere near the $ 2,500 it would cost you if you didn’t make the claim, and if they do it won’t be until renewal time anyway.

  3. Reply
    November 8, 2011 at 10:06 pm

    As stated, probably not as much as what they paid out. Problem may be that they request you increase your deductable or find a safer place to park. Twice in one year is going to set off flashing lights.

  4. Reply
    November 8, 2011 at 11:00 pm

    Rates MAY go up 10-20% for a couple of years. If you don’t report it you will be out $ 2500.00 but your rates won’t go up. Which makes more sense ?

  5. Reply
    November 8, 2011 at 11:18 pm

    Did you file a police report either time? The insurance co. will want to know. There is a slim chance that the police may find the person involved. Thus they will have to pay for repairs.

  6. Reply
    November 8, 2011 at 11:21 pm

    i dunno bro . . . they might think that something else is going on . . . but even though i cant give you a quote cause its hard to give an accurate quote because of all the different policies and they usually run your social security number to give you the correct price BUT i found these 2 sites where you can compare insurance at and that give out the best comparisons for auto insurance, i hope that helps.

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