Does a 50/50 auto insurance settlement hurt my insurance rates?

Does a 50/50 auto insurance settlement hurt my insurance rates?

I was recently in an auto accident and I wanted to know if a 50/50 auto insurance settlement will make my monthly rate go up? Right now I pay about $78 a month and would like to keep it there lol.

Paul

It depends if you have any other claims on your record. It may also depend on what state you live in. In NY you have to be found 66 2/3% at fault and the company must pay out Paul

It depends if you have any other claims on your record. It may also depend on what state you live in. In NY you have to be found 66 2/3% at fault and the company must pay out $1000 in order for them to surcharge your policy---NY State Law.Go to your states Insurance Dept website and see what it says for your particular state.

000 in order for them to surcharge your policy---NY State Law.Go to your states Insurance Dept website and see what it says for your particular state.

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