“When you think about insurance, see us!”

What type of coverage do you need?

Consumers may know that their bad driving record will raise their car insurance, but just how much will a single moving violation cost them?

Plenty, according to a new analysis from nsurance.com. The website looked at 32,000 of its auto insurance policies sold in 2010 and found that those with zero moving violations on their driving record can expect to pay, on average, $1,119 a year in premiums. However, as soon as a consumer had a moving violation on record, the quotes skyrocketed. Their analysis found that:

• One violation led to an average annual premium cost of $1,318, an 18% increase.

• Two violations lead to average annual premium cost of $1,497, a 34% increase.

• Three violations lead to an average annual premium cost of $1,713, a 53% increase.

Violations that can cause these spikes include speeding, careless or reckless driving, running red lights, failing to yield or stop at a yield or stop sign, improper passing, making an unsafe U-turn and failing to use a child restraint. (You'll also pay for fleeing from police, driving the wrong way down a divided highway or driving under the influence of drugs or alcohol, but, perhaps, in those instances, a higher insurance premium is only part of your problems.)

"The lesson is simple: drivers who speed, drink and drive or engage in other bad driving behaviors will pay through the nose if they want to keep their car insurance," Chris Kissell, managing editor at Insurance.com, said in a press release. "The best way to save money on car insurance is to drive responsibly at all times."

The average annual premiums were calculated by examining 32,746 single-driver, one-car insurance policies sold in 2010. For people seeking new insurance, the site also looked at how violations affect new customers by examining 397,000 insurance quotes also generated through Insurance.com. The analysis illustrated that policies offered to drivers with violations depend on the age of the driver.

Read More: Source

Posted 11:33 AM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2016
  • 2015
  • 2013

View Mobile Version

Our Customer Feedback

Our latest blogs

  • State Auto
  • Grange
  • Southern Mutual
  • The Hartford
  • Utica National
  • Southern Trust
  • GBE
© Copyright 2019. All rights reserved. Powered by Insurance Website Builder