Posted by on Feb 21, 2016 in Insurance | 0 comments

When insurance companies issue a quote or renew a policy one of the factors they heavily weigh in when giving rates is the person’s driving history. Policyholders should understand that their car insurance premium at some point may vary depending on how they drive a vehicle.

Usually, insurers complement their clients who are very much careful behind the wheels. Such drivers who are considered “low-risk” are often given car insurance rebates or a lower premium rate by insurers. On the other hand, “high-risk” drivers are often given a quote that is way higher than normal car insurance rates. Insurers consider individuals as “high-risk” due to many factors. Insurers think those individuals with records of driving uninsured, traffic violations, DUI convictions, and other similar offenses are likely to get involved in accidents and file a claim. A policyholder may find out that his or her car insurance rate increase during contract renewal if he or she had committed a traffic violation. Meanwhile those with continuing legal problems due to serious traffic violations and those drivers’ license has been suspended often find themselves having hard time getting better car insurance deal. According to Habush Habush & Rottier S.C.®, when a driver’s license has been suspended, not only his or her insurance rate will be affected, it may also result to income loss mostly for people who use their vehicles everyday going to work. Drivers whose license had been suspended may want to get help from insurance agencies for them to get SR-22 insurance.

Policyholders who have committed traffic violations may want to find out with their insurance providers before renewing contract if their rates will increase. Aside from getting a quote from other insurers, vehicle owners may want to improve their driving record by completing a “defensive driving school” course to possibly lower their insurance rates.