Alexander7w
New Member
- 1
My car died while driving on the highway. I pulled over onto the shoulder and then shortly after, my car caught on fire. The car was towed and I sold it to the tow company. I then bought another car and forgot about it. 2 months later the illinois tollway sent me an invoice for $17,800 in damage saying that they needed to replace that section of road and guard rail due to fire damage and that I had to pay for it. I filed a claim with my insurance as my liability covers up to $20,000 in damage. They said my rate might go up slightly but not much because this wasn't due to an actual accident, but they couldnt say for sure.
Has anyone had this happen or would know roughly how much the insurance premium increase would be, if any? Currently I pay roughly $75 for only liability on 1 car. I'm scared that the $75 could turn into something that I can't afford, as a $17k insurance payout is HUGE and I don't see how they could make any money from me as a customer without increasing my rates drastically.
Has anyone had this happen or would know roughly how much the insurance premium increase would be, if any? Currently I pay roughly $75 for only liability on 1 car. I'm scared that the $75 could turn into something that I can't afford, as a $17k insurance payout is HUGE and I don't see how they could make any money from me as a customer without increasing my rates drastically.