Will my auto insurance cover if I hit a pole? Yes, there is a type of auto insurance coverage that will help you in such circumstances. You can secure collision coverage for approximately $25 per month or $300 yearly. But before you purchase auto insurance, learn how to find affordable auto insurance rates.
This article provides a step-by-step guide, and by the end of this article, you will understand the type of coverage you need and how much coverage you require.
What Should I Do if I Hit a Pole?
Firstly, it is crucial to know that the type of coverage to assist you is collision coverage. Usually, states don’t require collision coverage in the minimum coverage policy, which means you need to add collision insurance to your basic insurance policy.
The majority of states only require you to have property damage liability and bodily injury liability in your basic policy. Liability insurance provides coverage if you are at fault in an accident.
The best option to consider is full coverage insurance. By choosing full coverage, you will be right on the law, but you can also secure coverage for incidents like hitting a pole.
Now that you know your insurance will cover hitting a pole, the next question is how much?
How Much Will the Insurance Cost After Hitting a Pole?
Here the factor of being at fault comes. Suppose you hit a pole because of your negligence, your premium will skyrocket. You can expect it to raise up to $500 yearly for the next three years. The rates will increase similar to the insurance rates if, due to negligence, you hit another vehicle.
But if you hit a pole, but it wasn’t your fault, you will only have to pay the deductibles. For instance, your coverage includes $500 deductibles, and the total cost of damage incurred is $3000. You will only pay your deductible amount, and the insurance company will cover the rest of the $2500 cost of damage. Hence, this is the advantage of securing collision coverage, or else you will have to pay $3000 cost of damage out of your pocket.
Is It Beneficial to File a Claim if I Hit a Pole?
Consider you hit a pole, and you know you are at fault. Filing a claim will definitely raise your premium amount. However, if the damage isn’t serious, find out how much it would cost to repair your car. But it is obligatory to inform the police if an incident like this happens despite what occurs.
For instance, the total cost of damage incurred is less than $1000; it is beneficial to pay the cost out of your pocket instead of paying deductibles plus an increased premium for the next three years.
FAQs on Auto Insurance Cover if You Hit a Pole
Now that you know the answer to whether your car insurance covers you if you hit a pole. You might have other questions; take a look at the most asked questions below.
1 – Is backing into a pole taken as an accident?
It is usually considered an accident. But if you are intoxicated, it will not be seen as an accident.
2 – If I hit a wall, will my premium increase?
It depends on the situation. If you hit a wall due to aquaplaning, you don’t have to worry about your premium rising.
3 – What if you hit a lamppost or telephone pole?
If you hit a lamppost, you have to pay the repair cost of the lamppost. Similarly, if you hit a telephone pole, you have to pay the damages to the city.
4 – What increases your insurance?
Mostly, traffic violations or at-fault car accidents are the major causes of rising auto insurance.
5 – Does collision insurance cover hitting a tree?
Yes, it is similar to hitting a pole.