How Much Will Your Car Insurance Go Up If You Get A DWI?
There are lots and lots of ways to make your car insurance go up, but none of them are as potent as getting a DWI. The car insurance companies are, first and foremost, in the business of gauging risk. It is all about the statistics and these stats show that people who are convicted of driving while intoxicated are the riskiest drivers of all. So just how much will your car insurance rise if you happen to get a DWI? That’s dependent upon your company, but things are pretty standard across the board.
Having to settle for SR-22 car insurance
There are lots of different types of car insurance and different people qualify for different types. Each of these car insurance categories comes with its own set of monthly premiums. People who are especially at-risk drivers typically have to get what is known as SR-22 coverage. This is what the majority of DWI offenders will get, as well as those who have accrued tons of speeding tickets or been in lots of wrecks. This insurance coverage will be at least double what you are paying as a good driver.
Putting a price tag on SR-22 car insurance
If you want to slap a price tag on this type of insurance coverage, you are looking at somewhere in the neighborhood of $5,000 per year. That means that you are paying more than $400 per month simply for the right to drive your car. It is an expensive price to pay for getting a DWI, but the insurance companies have to make sure that they are covering the risks associated with your driving. Though it may have been a one-time mistake, the numbers are what they are, and they mandate that insurance companies have to push SR-22 rates through the roof for affected drivers.
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