6 Actions That Can Raise Your Auto Insurance Rates

Noticing an increase in your auto insurance rates cans sometimes feel like a sucker punch. But when you understand the factors that can cause a premium increase, you may be able to avoid it in the future. Let’s discuss six big no-no’s that insurance providers may consider high-risk actions.

1. Skipping a payment: Neglecting to pay your premium on time can result in lapsed coverage, which is highly frowned upon by insurance providers. It’s also illegal to drive without car insurance. So, when you try to reinstate your coverage, you may have to pay nonstandard rates.

2. Holding a poor driving record: If your record is dotted with tickets, accidents and other infractions, you may be put into the high-risk category.

3. Driving while intoxicated: Driving under the influence of drugs or alcohol is very dangerous behavior that can also affects others who share the road. It’s not uncommon for auto insurance rates to nearly double for those convicted with a DUI/DWI, with these higher rates lasting between three and seven years.

4. Driving recklessly: Often considered as risky as drunk driving, driving recklessly is generally described as driving in “willful or wanton disregard” for traffic laws and safety. A conviction may have similar results to that of a DUI/DWI.

5. Racking up violations: One or two violations may cause a slight premium increase, but you can often move back to standard rates within a few years. However, if you continue to rack up violations, you can remain in the high-risk pool for quite a while.

6. Having a bad credit score: Statistically speaking, poor credit scores often correlate to drivers who file more claims. It has to do with an individual’s sense of responsibility. Less responsible drivers may face higher auto insurance premiums.

We understand that people make mistakes. And just because you make one, it doesn’t mean you’re doomed. Our agents can help you find appropriate coverage, even if you’re considered a high-risk driver.