Have you noticed a sudden increase in your car insurance premium? One of the most common reasons for this is due to accidents and tickets. In this blog post, we'll take a closer look at how accidents and tickets can impact your car insurance rates.
Accidents:
If you've been in an accident, you may see a significant increase in your car insurance premium. This is because insurance companies consider drivers who have been in accidents to be a higher risk. The more accidents you have been involved in, the higher your premium will be.
Additionally, the severity of the accident can also impact your premium. If the accident was deemed your fault and there were injuries or significant property damage, your premium will increase more than if the accident was minor.
Tickets:
Getting a ticket for a traffic violation can also result in an increase in your car insurance premium. Insurance companies view drivers who receive tickets as more likely to be involved in accidents. Therefore, drivers who have received tickets are seen as a higher risk and will be charged more for car insurance.
The type of ticket you receive can also impact your premium. Speeding tickets, reckless driving tickets, and driving under the influence (DUI) tickets are considered more severe and will result in a larger premium increase compared to a parking ticket.
What can you do?
If you have been involved in an accident or received a ticket, there are a few things you can do to minimize the impact on your car insurance premium. First, you can take a defensive driving course to show your insurance company that you are committed to being a safe driver.
Additionally, you can shop around for car insurance quotesfrom other providers. You may be able to find a provider who offers lower ratesfor drivers with accidents or tickets on their record.
Conclusion:
Accidents and tickets can have a significant impact on your car insurance premium. Insurance companies view drivers who have been in accidents or received tickets as a higher risk, resulting in higher premiums. By understanding the impact of accidents and tickets on your premium and taking steps to minimize their impact, you can save money on your car insurance.
