Rental Car Accident - Insurance Premium?
Hi,
I have never owned a car, nor had any insurance in Canada yet. I've been driving rental cars and I recently had a minor at-fault accident. The damage to my rental car is being paid by my Credit Car Insurance, and the damage to the other car will be paid by Hertz's own third-party liability insurance.
I'm planning to buy a car now, but the moment I tell the insurance companies about my accident, the premiums go almost 2x (less than 300 to more than 550). I've been wondering if I should disclose my accident to insurance companies at all - since I'm not sure if it'll reflect on my driving license (as I never had any insurance and the only claim I've filed so far is covered by my CC).
Does anyone know if what I described above is recorded in my driving/license history?
Thanks!
Dilbert
I have never owned a car, nor had any insurance in Canada yet. I've been driving rental cars and I recently had a minor at-fault accident. The damage to my rental car is being paid by my Credit Car Insurance, and the damage to the other car will be paid by Hertz's own third-party liability insurance.
I'm planning to buy a car now, but the moment I tell the insurance companies about my accident, the premiums go almost 2x (less than 300 to more than 550). I've been wondering if I should disclose my accident to insurance companies at all - since I'm not sure if it'll reflect on my driving license (as I never had any insurance and the only claim I've filed so far is covered by my CC).
Does anyone know if what I described above is recorded in my driving/license history?
Thanks!
Dilbert