subject: Car Insurance Just Like Life Insurance Is Something That Can Be Saved On [print this page] There is a reward that you can get from being a safe driver and that insurance will make sure that you never get fined for DUI. Just like your credit rating it is quite easy to make a mistake that can affect your whole future and there is no way to turn the clock back. But with insurance there is now a way that you can be rewarded for this.
Nowhere in the USA will you get a license to drive without getting insurance and although the insurance that you need will vary from state to state there are a basic minimum requirements that one simply cannot do without. Even if you have never been fined for speeding or parking you have to get insurance.
Most car insurance companies will do the usual considerations when you apply for insurance and probably the most telling factor of how much you will land up paying is your age. The reason is simply because of national statistics and that means the younger you are the more you will pay.
But there are other factors that come into play when the insurance company is considering your application. This will be your driving record which is just like your credit record and that means that if you have ever done anything wrong it will be reflected for a minimum of 5 years.
There are some insurance companies that will even cancel your insurance if or when you get a DUI fine. But you need to make sure that you read the small print when signing for insurance because there are many companies that will simply not pay for DUI settlements. Or if they do pay it will be limited to the fine and not any damage caused.
But on the bright side there are some car insurance companies that will cover you completely with any DUI related accident or fine. They will even cover any injuries that may happen during an accident which has been proven to be caused when under DUI. This is something that could ruin someone permanently.
The amount of claims that a company pays out could also be loaded onto your premiums which means that you will land up paying for someone else's mistake. But if you take a closer look at the specific differences in the various insurance programs available you will also find that there are companies that specifically write in their agreements about this.
You will find that there are car insurance companies that will make sure and state specifically in the contract exactly when and how the payments of premiums will increase, if at all. It is therefore very important to take note of this issue when signing up for a contract which commits you to paying premiums on a monthly basis.
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by: Shaun Swilling
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