Traffic violations, car accidents, and convictions can make your car insurance policy much more expensive. Based on our rate estimates, average high-risk car insurance costs up to 53% more for having an accident and 84% more for having a DUI. After an accident, your car insurance rate will increase and stay high for 3 years on average. Drivers with multiple accidents or violations can pay more for insurance for a long time.
When calculating premiums, most auto insurance companies only take into account the last 3 to 5 years of your driving record. The following companies offer competitive average car insurance rates and strong coverage options, but you can see in the table below that prices increase if you have an incident on your driving record. Among other things, paying for insurance in full, completing safe driving courses, combining home and car insurance, or student discounts can help lower your car insurance premiums. All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer.
Because of this increased risk, a DUI is very likely to cause a significant increase in your car insurance rate. Car insurance typically follows the car instead of the driver, so the car owner's insurance will cover the accident, even if someone else is driving. State Farm's average car insurance rates may not be the cheapest compared to other companies, but they are below the national average for each of the different high-risk driving scenarios. All major insurance companies use a credit-based insurance score to calculate premiums when allowed by law.
Whether or not an insurance company fills out an SR-22 for a driver depends on whether or not it sells high-risk auto insurance. USAA offers some of the most competitive car insurance rates in the country, and high-risk drivers could also take advantage of its rates. Statistically, teens are more likely to cause car accidents than the average driver, so insurance companies charge them the highest premiums. Different states have different regulations on the types of car accidents that an insurer can use to calculate its premiums.
Your car insurance rate will vary depending on several factors, but keeping your driving record clean goes a long way in avoiding the rate increases associated with high-risk behavior. One of the most effective ways to get the best rate on high-risk auto insurance is to compare quotes from multiple providers. The average auto insurance premium has also become more expensive, increasing by more than 50% over the past 10 years.
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