Trevar Masiello

Question: Should my car insurance go up this high after an accident?

I got into an accident where I hit someone s bumper in a parking lot. I reported to my insurance company and they took care of it with $750. I was 100% at fault, and expected my renewal to go up, but when it came out, it was $800, which is 100% more than my usual insurance of $400 Does it suppose to go up 100%??!!! And this price will stay on for 6 years!!! That means by the end, I would end up paying $1800 more just to the company!! $1000 more than what I would've paid the guy!! This does not make sense to me whatsoever, first I thought the renewal was just for one year, it will go down bit by bit, but second year is still the same price! I am only a G2 driver who been driving for 3-4 years on PEI in Canada, can that be the reason? Still, $1800 extra?? Plz help me and thank you!

BEST ANSWER: Try this site where you can compare quotes from different companies: INSUREINFO.US