Is it still easy to buy insurance for a car that has been in a major accident?
3 Answers
Cars that have been in major accidents can still be insured. Increased insurance premiums: When purchasing insurance for an accident-involved vehicle, the insurance premium will increase. The rate of increase is determined based on the claim amount from the accident. Insurance companies calculate the risk of insuring a vehicle according to its accident rate. If a car has a higher likelihood of claims in the previous year, the annual insurance cost will fluctuate accordingly. Standard procedures: The required documentation for purchasing insurance for an accident-involved vehicle remains the same. However, after an accident, the insurance company will have it on record, and the premium will be adjusted upward accordingly.
I often help friends with car insurance matters. Buying insurance for a car that has been in a major accident is indeed not straightforward, as insurance companies will thoroughly check the vehicle's accident history and repair reports. For cars with multiple accident records, insurers consider them high-risk, so premiums will be significantly higher than for normal cars, and some companies might even refuse to offer full coverage. It's advisable to first get a comprehensive inspection at a reputable auto repair shop to obtain a repair report proving the car's safety, then compare quotes from several insurers—smaller companies may be more flexible. Additionally, the type of insurance is crucial; opting for policies with partial liability exclusions can help control costs. Regular maintenance can also help mitigate future premium increases. This process requires patience and effort. In short, don’t lose heart—with proper research, coverage is usually obtainable, though it may cost more money and time.
I've driven cars for many years, including a used car that had been in a major accident. Getting insurance was indeed more troublesome than for a new car. The insurance company kept asking about accident details over the phone, the premium increased by about 40%, and some services were reduced. The car had undergone professional repairs, and I drove it for two years without major issues. The lesson is that it's easier to work with insurance agents familiar with handling accident vehicles—they can help explain the repair situation. Additionally, the vehicle history report is crucial; you must provide comprehensive evidence. Daily driving requires extra caution. Although accident cars are cheaper to buy, insurance and maintenance costs are significantly higher. Overall, it's manageable as long as the car is properly repaired, and shopping around will eventually find you a suitable deal.
