Finding affordable insurance following a DUI (Driving Under the Influence) conviction can be challenging, but it’s not impossible. Here are some strategies to help secure cheaper insurance despite the higher perceived risk from insurers:
Shop Around: Different insurance companies calculate risks and prices differently, meaning the rates can vary significantly. It’s crucial to compare quotes from multiple insurers to find the best deal.
Bundle Policies: Consider bundling your auto insurance with other types of insurance, such as home or renter’s insurance. Many companies offer discounts for bundled policies.
Consider Usage-Based Insurance: Some insurers offer plans that track your driving habits. If you drive safely, you could qualify for substantial discounts, even with a DUI on your record.
Look for Specialized Insurance Providers: Some insurers specialize in high-risk drivers. Though the rates can still be higher than average, these providers might offer more competitive pricing for those with a DUI.
Take Advantage of Discounts: Ask about any available discounts. Options may include safe driver programs, defensive driving courses, having multiple cars on the same policy, or maintaining good grades if you’re a student.
Increase Deductibles: Opting for a higher deductible can lower your premium. However, make sure you can afford the deductible if you need to make a claim.
Improve Your Credit Score: In many states, insurers consider your credit score when setting rates. Improving your score could help lower your insurance costs.
Review Your Coverage Needs: If you’re driving an older car, you might benefit from dropping comprehensive or collision coverage and relying on liability insurance only. Ensure this aligns with legal requirements and financial sense based on your vehicle’s value.
Maintain a Clean Driving Record: Moving forward, it is critical to avoid further traffic violations. Over time, a spotless driving record can help reduce premiums.
Remember, while price is important, it’s also crucial to consider the level of coverage being provided. Ensure the policy adequately protects you and meets legal state requirements. Additionally, avoid lapsing in your insurance coverage as it can further complicate your insurance history and potentially increase rates.
