Auto Insurance Claims: insurance claim, loaner car, additional insurance

Question
I had a loaner car while my car was being serviced. It was providied by Enterprise, and I declined additional insurance. I turned too hard to the right in a driveway, and have scraped the loaner car. My Deductible is $500. and I;m wondering if this is expensive (over $1000) should i claim on my insurance, and how long can/ will my insurance rates rise?

Answer
Hi Helen,
Most companies consider a fault accident that involves between $500 and $750 to be a "chargeable" accident which will increase your rate for the next 3 years (in most states).

I suggest that you call your personal Agent for a one-on-one, off the record discussion to learn just how your insurance company will react if you file the claim.

Good luck,
Bennie
San Francisco Bay Area