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What make insurance rates go high..!! - Click HERE for Original Thread
charly
I've heard everyone saying if you have and accident your insurance payments will go high.

But what exacctly make the insurance rates go up like a sky rocket...!!!:eek:
N_Jay
quote:
Originally posted by charly
I've heard everyone saying if you have and accident your insurance payments will go high.

But what exacctly make the insurance rates go up like a sky rocket...!!!:eek:



Only two things:

1) Increased assumed risk of a claim.
2) Increased anticipated cost of a claim.
colorider
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