How One Infraction Can Total Your Auto Insurance

How One Infraction Can Total Your Auto InsuranceTraffic violations, even minor ones, can increase the monthly premium of your auto insurance.

In the eyes of your insurance company, there is no such thing as a minor traffic ticket. Auto insurance isn’t the most expensive item in your monthly budget, but it is also not money you have lying around every month. It can get costlier and costlier, too, even if you commit comparatively minor infractions. Failure to signal, failure to yield, not stopping for pedestrians, failure to stop at a signal, following too close, and speeding can all increase your auto insurance by roughly 20 percent! Ouch.

The reason for this is the way that auto insurance companies determine premiums. The short answer is statistics. They plug your driving record into an equation and the outcome is what they will charge you for coverage. Drivers with clean driving records are, on average, safer driver than drivers with a less-than-stellar driving record. The higher the risk you are to insure, the higher your premium.

It pays to be on the safe side of the rules when it comes to driving! The right auto insurance policy to keep yourself protected on the road is what you need to make sure those violations don’t break the bank. Contact insurance experts Perry & Carroll in Elmira, New York for all of your car insurance coverage needs.