The Impact of Your Driving Record on Auto Insurance Rates

Your driving record plays a crucial role in determining your auto insurance rates. Insurance companies assess your driving history to gauge the risk you pose as a driver. A clean record can lower premiums, while a history of violations or accidents can significantly increase your rates.

Here’s how various factors related to your driving record may impact your auto insurance premiums:

• Traffic violations, such as speeding tickets or running a red light, can negatively impact your insurance rates. In South Carolina, each violation adds points to your driving record, signaling to insurers that you may be a higher risk. The more points you accumulate, the higher your premiums will likely be.

• Accidents can lead to a significant increase in your insurance rates. Insurers consider accident-prone drivers as high-risk, which is reflected in their premiums. Even a single at-fault accident can cause your rates to spike.

• Driving under the influence (DUI) or driving while intoxicated (DWI) are serious offenses that have severe consequences on your driving record and insurance rates. These violations indicate extremely high risk, often resulting in substantial premium increases or even policy cancellations.

• Your claims history also affects your insurance rates. Frequent claims, even for minor incidents, can signal to insurers that you are a higher risk. This can lead to increased premiums, as insurers may anticipate future claims.

How to Get Favorable Auto Insurance Rates

Taking a defensive driving course can positively impact your driving record and insurance rates. Many insurance companies offer discounts to drivers who complete these courses. Your agent can help you locate a driving class to help lower your auto insurance premiums.

Maintaining a good driving record is essential for keeping your auto insurance rates low. Your agent can help you compare auto insurance quotes from multiple local insurers to get the best possible rates.

Learn More

Contact GVL Insurance Company in Greenville, South Carolina, for an auto insurance quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.