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What if you are in the market for improving your auto insurance rates, but you have less than a perfect driving record. The best approach in this case would be to find and compare an online car insurance rate from companies that specialize in assisting clients with second chance auto insurance rates.
Paying your car insurance premium month after month causes most people to think about various ways to lower their auto insurance rates. Year after year your rates continue to increase even though you had a clean driving record during that period. Many auto insurance companies will increase your online car insurance rates just to make more profits.
However, there are many factors involving your driving record that determine your car insurance rates. Many of us have some knowledge of what these factors are and their effect on car insurance rates, but it is important to review this data to be sure you thoroughly understand your situation.
Auto Insurance Rates And Traffic Citations
In general, having just one minor ticket on your record is not going to affect your auto insurance rates quite that much. If you were speeding only a few miles over the limit or missed a stop sign, you may have a small increase in your rates by only a few percentage points. It’s when you have more than one ticket and they are considered major that you’ll really feel the pinch.
As an example, if you receive a moving violation for speeding, normally the insurance company will find out how fast over the limit you were going; less than 10 miles, 11 to 15 miles, or 16 and over. Generally, if you are speeding at more than 16 miles per hour over the limit your car insurance rates will be higher than someone who was caught speeding at only 5 miles per hour over the limit. Also, if over a three year timeframe you only get cited for one such violation it will have less impact on your rates than if you received multiple violations.
Major moving violations also will affect your auto insurance rates in a big way. DWI or DUI will increase your rate usually by at least 10%, and sometimes 25% or more. Now imagine what your auto insurance rates will be like if you have a DUI and a few tickets as well!
Time Spent Behind the Wheel
The time spent behind the wheel and the purpose for driving will normally impact your car insurance rates. The more time you spend behind the wheel the greater the chance you will have an accident. Long commutes to your job will increase your rates over drivers who have relatively short commutes to the office. Moving closer to your work may not be an option however you may be able to use your car less frequently by joining a carpool or finding a different way of commuting to your job.
Also consider that the business use of your automobile will impact your auto insurance rates. This will increase the insurance companies risk to insure you thus increasing the risk of them paying a claim at some point in time. Every indication is that auto insurance rates will continue to climb into the future, it is important to consider all options available that will assist you in reducing your online car insurance rates as much as possible.