Facing a DUI (Driving Under the Influence) charge can significantly impact various aspects of your life, one of which is your car insurance. Insurance companies view drivers with a DUI on their record as high-risk, which invariably affects their insurance premiums and coverage options. This guide aims to help you navigate the murky waters of auto insurance after a DUI with the help of an experienced DWI lawyer.
Increase in Insurance Premiums
One of the most immediate consequences of a DUI conviction is the anticipated increase in your car insurance premiums. According to Forbes, your car insurance can increase by an average of 71% after a DUI. This substantial hike reflects the increased risk associated with insuring drivers with a DUI record. Insurers often reassess their risk evaluation methods post-conviction, leading to adjustments in your premiums effective immediately upon policy renewal.
Limited Insurance Options After a DUI
Beyond increased premiums, you may also face limited options when shopping for insurance after a DUI. Some companies have policies in place to deny coverage to high-risk drivers, thus narrowing down your options considerably As a result, you might have to switch to a specialized insurer that offers policies designed for high-risk drivers, typically at a higher cost. Understanding your state’s minimum coverage requirements and seeking out insurers willing to provide it is crucial during this process.
SR-22 Requirement and Its Consequences
Another factor to be mindful of is the potential requirement for an SR-22 certificate, which proves you carry the state’s mandated minimum insurance. Not all drivers with a DUI will need an SR-22, but if your state demands it, expect a small filing fee and potentially higher premiums. The SR-22 requirement typically lasts three years, and during this time, missing payments or lapses in coverage can extend the requirement period or even result in driver’s license suspension.
The ramifications of a DUI on your insurance are both extensive and impactful. Understanding the landscape of insurance post-DUI can help mitigate some of the stress and financial burden associated with this charge. Taking proactive steps, such as consulting with a knowledgeable DWI lawyer and exploring various insurance providers, can help you navigate this challenging period and regain some semblance of normalcy in your driving privileges. Contact the Law Firm of Patrick Short today to speak with an experienced DWI lawyer who will fight for your rights.