|
What a DUI Will do to Your Auto Insurance Rates
As if the cost of a life and emotional devastation isn't enough to serve as a deterrent for not drinking and driving, few drivers realize the financial impact they will endure if convicted of operating a motor vehicle while under the influence (DUI). Unfortunately, even the most "regular" people continue to take the calculated risk of driving after a few drinks with delusions of sobriety. If you're a driver who tends to gamble in this situation, are you prepared to pay the astronomical price?
DUIs Impact on Car Insurance
Skyrocketing auto insurance rates can add to the financial aftermath of a DUI conviction. After a DUI, you will be categorized as a high-risk driver. A convicted driver’s premiums will rise and his carrier may non-renew or cancel your policy. Depending on a host of factors, including insurance company, age and gender, the driver’s auto insurance rate may spike as a consequence of a DUI.
Depending on how long a DUI remains on a driver’s record, these rates can continue for up to seven years. Furthermore, if any accidents and tickets (past or future) are present, the driver’s auto insurance rate could soar even higher.
The Cost of a DUI
Unless a driver lives in a city with an adequate public transportation system, there is no substitute for the convenience of driving a vehicle. Access to driving privileges makes it much easier to travel to work, school, or run errands. But salvaging the right to operate a vehicle can prove astronomically expensive following a DUI conviction.
The Illinois Secretary of State’s office reports that the average cost of a DUI in Illinois is roughly $14,660. In other areas, the cost can be even greater. According to the Texas Department of Transportation, a DUI conviction in Texas can top $24,000.
Have a DUI on Your Record? You Can Still Save on Auto Insurance
Let’s face facts—if a driver is convicted of a DUI, his auto insurance rate is going to rise. But more than any other driver, those convicted of a DUI can’t afford not to shop around for the best auto insurance rate available.
Although a driver with a DUI will have limited options, don't fall into the trap of signing on with the first company that offers you a policy. Conduct research, compare quotes and make a careful decision. In the meantime, take a conservative approach to driving and steer clear of tickets and accidents.
Fill out Anikim.com’s auto insurance quote form and receive free quotes from leading insurers.
|
