Cheapest car insurance after an accident

Core Insights - Comparing car insurance quotes is essential for finding the most affordable rates, especially after an at-fault accident [1] - An at-fault accident typically results in increased insurance rates, which can rise between 30% to 70% depending on various factors [4] Insurance Rate Increases - Car insurance rates generally increase by 30% to 70% after one at-fault accident, with the elevated rates lasting for three to five years, or even longer for severe incidents like DUI or hit-and-run [4] - The severity of the accident, the driver's history, and fault determination influence the rate increase [4] Types of Coverage - Liability insurance is crucial as it protects financial assets by covering damages and injuries to others in an accident caused by the policyholder [5] - Other essential coverages include uninsured/underinsured motorist (UM/UIM) insurance, Personal Injury Protection (PIP), and Medical Payments (MedPay), each serving specific protective roles [5][10] Accident Forgiveness - Accident forgiveness is a feature offered by some insurers that prevents rate increases after a first accident, with eligibility varying by company [6][7] Post-Accident Steps - Following an accident, it is important to document the scene, exchange information, and contact the insurance company promptly to ensure proper handling of the situation [9][11] Legal Protection - If sued after an accident, having liability insurance typically provides a legal defense, while those without insurance should consult an attorney for guidance [12]