Impact of Motorcycle Accidents on Insurance Rates in Chattanooga

The impact of motorcycle accidents on insurance rates in Chattanooga can affect a person’s financial status in various ways. If the victim contributed to their accident, their insurance company would likely increase their rates proportionate to the victim’s level of fault.

To learn more about how a motorcycle accident could impact your insurance, be sure to get in touch with an experienced attorney.

How Can a Motorcycle Accident Negatively Impact a Person’s Insurance Rates?

The effect on motorcycle rates will depend significantly on who is at fault in the wreck. If a motorcyclist causes a wreck themselves, then that can negatively impact their insurance rates. Motorcycle insurance as far as liability, personal injury protection, and uninsured motorist protection is more expensive because the injuries tend to be more significant. If the motorcyclists winds up causing a wreck, it increases the likelihood of injury. As a result, their insurance would go up exponentially.

What Factors May Influence a Person’s Insurance Rates?

The person’s driver history, the person’s age, and the other insurance policies that the person has with the same insurance company play a role in a person’s insurance rates following an accident. However, if they are involved in a motorcycle accident, then the severity of that accident and whether they are at fault in that accident can also play a role in how much their insurance rates are. As a result, it is important that victims involved in a motorcycle accident retain the services of an attorney to preserve their insurance rates as much as possible.

Does Contributory Negligence Play into Changes in a Potential Person’s Insurance Rates?

Contributory negligence, comparative negligence, or comparative fault has a lot of different names. In Tennessee, that is a legal term that has very specific meaning in the law, separate and apart from insurance rates. A person’s contributory negligence or the amount to which they are at fault can play a role in how much their insurance rates are and how much they increase. If a person’s level of fault is more than 50%, not only would their claim for damages be in jeopardy, but their insurance rates may also take a harsh hit.

Be Sure to Schedule a Consultation Today to Learn More

Being involved in a motorcycle accident comes with frustration and worries. Not only could victims be worried about the injuries they suffered as a result of their accident, but they may also be wondering about the implications their accident would have on their motorcycle insurance coverage. However, to best ease some of the doubts regarding insurance coverage, it may be best to get in touch with a skilled attorney. A lawyer familiar with the impact of motorcycle accidents on insurance rates in Chattanooga is available to answer the questions you have and help clear up some of the confusion on your end. To get started, call today.

Motorcycle Insurance Coverage in Chattanooga