Dear all, Pls clarify me , in case i become the faulty party of an accident will have to pay more insurance premium next year, in order to recover a portion of the claim given to the other person who happened to met with the accident? Your valuable answer highly appriciated.Thanks in advance!
If you have full coverage and you are at fault for an accident, your premium will rise significantly. If you just have third party liability, those rates are set by the government and fixed, so it won't go up (although it should).
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If you have full coverage and you are at fault for an accident, your premium will rise significantly. If you just have third party liability, those rates are set by the government and fixed, so it won't go up (although it should).