Indiana Car Insurance Rate
Reader’s Question:
I live in Fort Wayne, Indiana. I received a ticket recently and I was wondering how long does a speeding ticket remain on your record in Indiana? Is this going to affect my auto insurance rate in Fort Wayne?
Billy
Fort Wayne, IN
The Indiana Bureau of Motor Vehicles (BMV) states that points associated with a traffic violation, such as speeding, may be disregarded after two years but the offenses stay on your record since Indiana state continues to track your infractions.
If they find in Indiana that you have committed repeat moving offenses over a ten year period, IN will classify you as a habitual traffic violator. The Habitual Traffic Violator law for repeat offenders are penalized for license suspensions of five years, ten years, or life.
While points for moving violations will only stay active on your motor vehicle record (MVR) for 2 years, that traffic violations and serious vehicular offenses, such as a DUI, continually stay on your record. You may check with the Indiana BMV to verify this information.
You may verify with you car insurance company in Fort Wayne and ask them if this speeding ticket that you received will increase your auto insurance premium.
Indiana SR-22
Q: I hear my credit is used to get prices for my Indiana SR-22 policy. What does my credit have to do with how I drive?
A: Your credit history doesn’t actually have much to do with the way you drive and how safe it is, but if you think about it, there are a lot of things about Indiana SR-22 car insurance premium rating which have nothing to do with how you handle yourself behind the wheels. For example, many people get better prices when they get married or move to a new location. Gender and age are often used in the rating process as well.
Unrelated things like these are able to be used in the Indiana SR-22 rating process because the car insurance companies have data which back them up when they say that someone with such and such characteristic is a higher risk than someone with this and that characteristic. With credit history, it’s much the same. More claims come from people with bad credit than from those with good credit.
Your credit report is also a good way for your Indiana SR-22 company to gauge whether or not you’ll be paying your car insurance premium on time, and your reliability in that area will affect how you’re charged as well.
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