In order to simplify and save on insurance, people enter an insurance policy with family or a partner. It’s a very common thing to do, especially for large families seeking to insure inexperienced drivers. Unfortunately, when you have multiple people on a policy, one person’s mistake may raise your insurance rates. This post discusses what happens when a person on your insurance policy is convicted and how it affects your rates.
Keeping Them On
The best way to keeping a high-risk drive on your policy without breaking the bank is by filing for Sr-22 insurance. Although it is not actually insurance, rather the Sr-22 form is proof that you are financially responsible and have an existing policy. Unfortunately, your current policy may not insure high-risk drivers, which means you could get dropped. Thankfully, shopping for quotes can land you a better insurance rate. It may be difficult at first to find cheap auto insurance when you or a partner have a DUI conviction, but we know someone that can help.
Taking Them Off
A DUI conviction means an insurance company will have to flag a person as high risk. If you or another person on your policy have been convicted of a DUI, it will raise your insurance rates for years. One thing you can do to lessen the burden is to drop the high-risk driver from your policy. This means the high-risk driver won’t be able to use the car that the policy covers. If they do use it and get into an accident, the insurance will not cover it. Yes, it sounds bad to drop a family member or partner, but it really might be better for everyone involved. There are plenty of companies who insure high-risk drivers, you just have to search.