As a driver, it is important to be aware of the impact your driving record can have on your auto insurance rates. Your driving history is a crucial factor that determines the level of risk you present to the insurer. With a poor driving record, you are likely to pay higher premiums, while a good driving record can help you lower your rates. Here are a few ways your driving record affects your auto insurance rates:
Traffic Violations
Whenever you receive a traffic violation, whether it is a speeding ticket or a drunk driving charge, it goes on your driving record. This record follows you wherever you go, and insurers use it to determine your level of risk as a driver. If you have a history of traffic violations, you are seen as a high-risk driver and are likely to pay higher premiums than someone with a clean driving record.
Accidents
Another aspect of your driving record that affects your auto insurance rates is your history of accidents. If you have been involved in multiple accidents, insurers see you as a high-risk driver and charge accordingly. On the other hand, a driver with a clean accident history is viewed as low-risk and may pay lower premiums.
Severity of Violations and Accidents
The severity of your traffic violations and accidents also plays a role in determining your auto insurance rates. For instance, a driver who has been involved in a major accident resulting in injuries and extensive property damage is likely to be charged more than another driver who has been involved in a minor fender-bender.
How Long the Violation or Accident Stays on Your Record
Driving violations and accidents typically stay on your driving record for several years, and insurers use this information to determine how risky a driver you are. For instance, a DUI conviction is likely to remain on your record for up to ten years, during which time you may end up paying high premiums for auto insurance.
In conclusion, your driving record affects your auto insurance rates in several ways. A poor driving record is likely to result in higher premiums, while a good driving record can help you save money. As a driver, it is essential to maintain a clean driving record by obeying traffic laws and avoiding accidents. If you have a history of traffic violations or accidents, it is still possible to lower your rates by taking defensive driving courses, paying for damages out of pocket, and maintaining a good credit score.