Do Not Report An Accident And Keep Your Rates Low
Myth: Don’t report accidents to your car insurance company. Don’t file out a claim with your insurance company, prevent them from finding out about it and your rates will not increase.
Always report an accident. Nobody likes higher car insurance rates, but if you get into an accident this may just be an inevitability you’ll have to endure. If you’re issued a ticket, for example, this ticket may appear on your driving record, automatically triggering an increase in your car insurance rates. Or if you get into an accident with another driver, that other driver may file a claim for damages or injuries and their insurance company may file against you and your insurance company. See? Like we say it’s not always possible to prevent that rate increase.