It is no secret that getting a DUI is costly and can put you and others at risk of injury or death. That last call at happy hour can be life-changing in many ways.
Hypothetically let’s say that you got pulled over while driving under the influence, and nobody else was injured. You went to court and pleaded guilty, and paid a fine. You’re probably left wondering what happens next and if you should notify your insurance company.
Your insurance will eventually find out about your DUI charge. How? Auto insurance companies regularly examine driver records – usually around when your policy is set to expire or renew. This may take place every 6 to 12 months.
During this review, they will examine your driving history and any recent convictions that may show up through the DMV. A DUI on your record shows insurance companies that you’re a risky driver. Thus, a recent DUI will increase your car insurance rates.
How Long Will My Insurance Rates Stay High After DUI
Once you’ve received the bad news, don’t fret – these high insurance rates won’t stay forever. According to Forbes Advisor’s analysis, the national average auto insurance rate increase for drivers with a DUI is 74%. This roughly translates to an extra $1,470 a year for car insurance.
According to the same analysis, after reviewing the average annual rate increase for all 50 states, the insurance rate increase after a DUI for Ohio was 95%.
Depending on the location and other variables, this surcharge rate may last from three to five years. Once the surcharge is gone, you can either stay with your current auto insurance policyholder or switch.
You may also consider shopping around with other local insurance companies in Ohio soon after your DUI. There may be more affordable rates for your auto insurance, even if there’s a recent DUI on your driving record.
Bill Palmer Auto Insurance Agency in Ohio
No matter what the circumstances may be with your current or past driving record, Bill Palmer Insurance offers competitive car insurance quotes for the Ohio region. Whether you just got a DUI or have had it for a few years, we can provide you with an affordable rate.
Plus, if you have shown an excellent driving record for some time, you may be eligible for a good driver’s discount – depending on the insurance policy or carrier.
Moreover, even though you may have a DUI on your record, you can still shop for discounts or special insurance bundle rates. From military discounts to AAA discounts, depending on the carrier you choose, you may be able to shed some of the cost.
When shopping around for new car insurance, you should also ask the agents at Bill Palmer Insurance if they offer bundled discounts. This means you could add renter’s, home, or life insurance policies to your auto coverage and save more money in the long run.
Featured image by Samuele Errico Piccarini.