Traffic Violations Impact High Risk Driver Cost

Traffic violations can have significant impacts on high-risk driver insurance, including:

1. Higher Premiums: Insurance companies consider traffic violations as indicators of risk, leading to increased premiums for high-risk drivers.

2. Policy Cancellations or Non-Renewals: Insurance companies may choose to cancel or not renew policies for high-risk drivers with a history of frequent or severe traffic violations.

3. Limited Coverage Options: High-risk drivers may find it challenging to secure coverage from standard insurance companies due to their traffic violation history, leading to limited options and higher costs.

4. Requirement of SR-22 Insurance: Certain traffic violations, such as DUIs or driving without insurance, may require high-risk drivers to obtain an SR-22 form, which verifies the driver’s financial responsibility. SR-22 insurance typically comes with higher premiums.

5. Lengthened High-Risk Status: Multiple traffic violations can extend the high-risk status, prolonging the period of higher premiums and limited coverage options.

6. Impact on Future Rates: Traffic violations can stay on your driving record for several years, affecting future insurance rates even after the violations have occurred.

7. Need for Additional Coverage: Drivers with a history of violations may require additional coverage, such as uninsured/underinsured motorist coverage, to protect themselves from potential accidents involving uninsured drivers.

To mitigate the impacts of traffic violations on high-risk driver insurance, it’s crucial to practice safe driving habits, maintain a clean driving record, and follow traffic laws. Over time, demonstrating responsible driving behavior can help improve insurance options and reduce premiums.