How Much will My Car Insurance in Florida Increase Due to Points on my Driver’s License?
If you are a Florida driver, and you have incurred points on your license because of a violation or accident, you are probably wondering how this will affect your car insurance rates. You may be worried that you will have to pay much more for car insurance, but this depends largely on the type and number of violations.
Minor Violation Points on Your Driver’s License
If you have incurred driver’s license points because of a minor violation, such as speeding, these points will typically have a minimal effect on your car insurance rates. In most cases, your rates will not increase more than five to ten percent. Some companies also factor in age – a younger driver will see a greater increase because of a minor violation than an older driver.
Major Violation Points on Your Driver’s License
Major violations, such as driving under the influence or reckless operation, will have a more significant impact on your car insurance rates. In some cases, your rates will increase by as much as twenty percent because of a major violation. As with minor violations, major violations are frequently tied to your age, so if you are a young driver, you can expect a more significant increase.
Accident Points on Your Driver’s License
The most substantial car insurance rate increases occur when a driver causes an accident. Young drivers may see as much as a forty percent increase because of a single at-fault accident. Keep in mind that if you are not considered at fault, your rates will likely not increase at all.
The Number of Violations Affects Your Car Insurance Rates
A single violation will have less of an impact than multiple violations that occur within a short time period. If you received two or three speeding tickets or DUIs within a policy period, you will likely see a dramatic increase in your car insurance rates – sometimes as much as fifty percent.
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