How much do GEICO insurance premiums increase after a hit-and-run accident claim?
As long as you were the victim of a hit-and-run and you filed a police report within 24 hours, your GEICO insurance premiums shouldn’t increase after making a claim. Make sure you indicate that you weren’t at fault for the accident!
If you committed the hit-and-run and got caught, having this criminal charge on your driving record will lead to an 87% increase on average—but this will depend on your state and a few other factors. For instance, California drivers will face a 177% increase after a hit-and-run, but if you commit and hit-and-run in North Carolina, you’ll face an average 371% increase in your insurance premiums.
