Coverage Following an Accident
Being involved in an accident can also impact your liability insurance rates. If you’re found at fault, your premiums are likely to increase more significantly than if you were not at fault. Some insurance companies offer accident forgiveness programs, which can mitigate the rate increase.
Factors that affect your rates after an accident include:
- Who was at fault in the accident
- The severity of the accident
- Any previous accidents on your record
Finding Insurance After a DUI
A DUI conviction is one of the most serious driving violations and can increase liability insurance rates by 80-100% or more. The impact can last 3-7 years, depending on state laws. Progressive offers some of the most affordable liability coverage for drivers with a DUI, averaging $679 per year. To mitigate the effects, drivers can take DUI education courses and maintain a clean driving record going forward.
Steps to improve your insurance options after a DUI include:
- Filing an SR-22 or FR-44 form as required by your state
- Completing DUI education courses
- Gradually increasing your coverage limits over time
How Age Affects Liability Insurance Costs
Driver age is a crucial factor that insurance companies consider when calculating liability insurance premiums. The cost of car insurance varies significantly across different age groups due to the varying levels of risk associated with each age category.
Young Drivers and Teens
Young drivers, particularly teenagers, face higher insurance rates due to their lack of driving experience and higher statistical likelihood of being involved in accidents. As a result, liability insurance for this age group tends to be more expensive. However, some insurance providers offer discounts for good grades or completion of driver’s education courses, which can help mitigate these costs.
