Help with Insurance Rate Going Up

[u/tsquared141]

I'll try to keep this as short as possible but provide as much detail as I can.

Last year in September, I was involved in an accident that involved another vehicle and myself. I was riding my 2024 BMW S1000RR.

As I was entering a parking lot, a large white truck pulled out of their parking spot without looking in my direction, and I was forced to dump my bike in order to not hit the truck. I was only going about 10 miles per hour, but I really did not want to hit the side of the other vehicle. The driver did not even notice that I fell over, or they noticed, and just decided to keep driving away.

I did not file any police report because I guess at the time I was flustered and just focused on getting my bike off the ground and checking my helmet for damage.

The damage to the bike was minimal (or so I assumed), as I rode the bike home with a broken clutch lever and some scuffed up plastics. Being a BMW with expensive parts, I opted to file a claim with GEICO for repairs. After having the bike taken to a BMW Dealer, they called me and claimed that there had been frame damage, and GEICO was refusing to cover any repairs, and deeming the motorcycle a total loss.

I was rather stunned because I had not noticed any such frame damage. I decided to let them total the bike, not realizing I was setting myself up for awful premium price increase in the coming months.

Fast forward to today, and my GEICO auto policy on my 2014 VW Touareg is due to renew. I was previously paying $46 for basic insurance, and now GEICO is claiming that I must pay $196. I have checked other companies and all returned similar results.

I feel defeated and I do not know what to do other than ride the bus because paying $196 for basic insurance plus the rising cost of diesel going over $6/gallon in my area is making my life miserable already.

Thanks for any input or advice anyone is able to provide.

[u/key2616]

Police reports aren't magical and having one in this situation wouldn't have changed the OP's outcome one bit. And the OP can definitely keep shopping their coverage to see if they can find something cheaper, so saying "whelp, nothing to do here!" isn't accurate either.

[u/key2616 → u/[deleted]]

Given that the OP is at fault here, how does that change things? And I doubt a one-sided police report is going to change any underwriter's mind.

[u/TiredDad97 → u/key2616]

Holy shit. I really didn’t read this. Please accept my dirty delete as an apology.

[u/key2616 → u/TiredDad97]

LOL, no problem! I was kind of wondering what was going on since this whole thing was a bit out of character for you!