Your driving record – The better your record, the lower your premium. If you’ve had accidents or serious traffic violations, it’s likely you’ll pay more than if you have a clean driving record. You may also pay more if you’re a new driver without an insurance track record.

What factors does the insurance company consider in determining your insurance premiums?

Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose. These factors may include things such as your age, anti-theft features in your car and your driving record.

Do you get points on your insurance if you get a ticket?

There are some violations that typically do not affect your insurance rates. A minor non-moving violation may not show up on your driving record or affect your insurance rates. However, if you continually receive multiple tickets for even minor violations, you may eventually be charged points on your driver’s license.

What are insurance points and what do they mean?

Insurance points are a vital part of the calculation of auto insurance rates. These points are an indicator of your driving risk based on your driving history. Because insurance companies are reticent to discuss calculations, the nature of the insurance points system can be difficult to determine.

How can I find out if I have insurance points?

The best way to find out the status of your insurance points is through your state’s DMV. Most states allow you to access your driving record through their website at no cost. Have a look at what is listed on the record. If any of the information is incorrect, you should report it immediately to the DMV (and your insurance company).

What happens if you dont declare insurance points?

Similarly, if you do not declare any tickets or traffic violations, the insurance company will be able to find evidence on the insurance point record. Nondisclosure of the full information can lead to your policy being rejected or your rates being inflated even higher.