I was in an accident (total loss) last year and the verdict was no-fault for me. However, the at-fault driver’s (total loss as well) insurance was the bare minimum due to which subrogation that to be done through my insurance to cover the costs until the other party’s insurance can pay my insurance back. The claim is still open since Dec 2019 since I have a personal injury lawyer who is working on the side, but during renewal this year, my premium just shot up by 1000$ per year. Is it normal for the insurance to shoot up for a no-fault driver? Whenever the claim gets closed and my insurance recovers the money, should my premium normalize back?
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I was in an accident (total loss) last year and the verdict was no-fault for me. However, the at-fault driver’s (total loss as well) insurance was the bare minimum due to which subrogation that to be done through my insurance to cover the costs until the other party’s insurance can pay my insurance back. The claim is still open since Dec 2019 since I have a personal injury lawyer who is working on the side, but during renewal this year, my premium just shot up by 1000$ per year. Is it normal for the insurance to shoot up for a no-fault driver? Whenever the claim gets closed and my insurance recovers the money, should my premium normalize back?
Thanks.